Virtu Financial LLC Makes New Investment in Direxion Daily MSCI Emerging Markets Bull 3X Shares $EDC

Virtu Financial LLC bought a new position in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares (NYSEARCA:EDC) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 31,032 shares of the company’s stock, valued at approximately $1,693,000.

A number of other institutional investors also recently modified their holdings of EDC. Jane Street Group LLC acquired a new position in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares in the first quarter valued at about $604,000. Great Hill Capital LLC bought a new position in Direxion Daily MSCI Emerging Markets Bull 3X Shares during the third quarter worth about $528,000. Covestor Ltd raised its stake in Direxion Daily MSCI Emerging Markets Bull 3X Shares by 267.2% in the 4th quarter. Covestor Ltd now owns 1,656 shares of the company’s stock worth $90,000 after purchasing an additional 1,205 shares in the last quarter. Finally, Millington Financial Advisors LLC raised its stake in Direxion Daily MSCI Emerging Markets Bull 3X Shares by 34.9% in the 4th quarter. Millington Financial Advisors LLC now owns 9,129 shares of the company’s stock worth $498,000 after purchasing an additional 2,361 shares in the last quarter.

Direxion Daily MSCI Emerging Markets Bull 3X Shares Price Performance

NYSEARCA EDC opened at $100.38 on Friday. The firm has a 50-day moving average price of $84.00 and a two-hundred day moving average price of $69.72. Direxion Daily MSCI Emerging Markets Bull 3X Shares has a 12-month low of $34.72 and a 12-month high of $102.93. The company has a market capitalization of $253.96 million, a P/E ratio of 15.39 and a beta of 2.18.

Direxion Daily MSCI Emerging Markets Bull 3X Shares Profile

The Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund provides 3x leveraged exposure to a market-cap-weighted index of companies operating in emerging markets. EDC was launched on Dec 17, 2008 and is managed by Direxion.