Virtu Financial LLC bought a new stake in Direxion Daily MSCI India Bull 2x Shares (NYSEARCA:INDL – Free Report) during the 4th quarter, HoldingsChannel reports. The fund bought 36,190 shares of the company’s stock, valued at approximately $2,058,000.
Separately, Marshall Wace LLP bought a new stake in shares of Direxion Daily MSCI India Bull 2x Shares during the 2nd quarter worth approximately $1,331,000.
Direxion Daily MSCI India Bull 2x Shares Stock Performance
NYSEARCA INDL opened at $45.76 on Friday. The firm has a market capitalization of $59.49 million, a price-to-earnings ratio of 23.82 and a beta of 0.92. The firm’s 50 day simple moving average is $44.71 and its 200 day simple moving average is $49.25. Direxion Daily MSCI India Bull 2x Shares has a 1 year low of $38.90 and a 1 year high of $63.92.
About Direxion Daily MSCI India Bull 2x Shares
Direxion Daily India Bull 3x Shares, formerly Direxion Daily India Bull 2x Shares, seeks daily investment results, before fees and expenses, of 300% of the performance of the Indus India Index. The Indus India Index, which is designed to replicate the Indian equity markets as a whole, through a group of 50 Indian stocks selected from a universe of the largest companies listed on two Indian exchanges. The Index utilizes a measure called IndusCap, which takes into account restrictions on foreign ownership of Indian securities imposed by Indian regulators.
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