Group One Trading LLC Trims Holdings in Direxion Daily Aerospace & Defense Bull 3X Shares $DFEN

Group One Trading LLC reduced its stake in Direxion Daily Aerospace & Defense Bull 3X Shares (NYSEARCA:DFEN) by 62.5% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 6,239 shares of the company’s stock after selling 10,412 shares during the quarter. Group One Trading LLC’s holdings in Direxion Daily Aerospace & Defense Bull 3X Shares were worth $394,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in DFEN. Safe Harbor Fiduciary LLC acquired a new stake in Direxion Daily Aerospace & Defense Bull 3X Shares in the 4th quarter valued at approximately $26,000. Bank of America Corp DE boosted its position in shares of Direxion Daily Aerospace & Defense Bull 3X Shares by 102.7% during the second quarter. Bank of America Corp DE now owns 5,390 shares of the company’s stock worth $280,000 after buying an additional 205,390 shares during the period. Walleye Capital LLC purchased a new position in shares of Direxion Daily Aerospace & Defense Bull 3X Shares during the second quarter worth $314,000. Simplex Trading LLC acquired a new stake in shares of Direxion Daily Aerospace & Defense Bull 3X Shares in the fourth quarter valued at $385,000. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of Direxion Daily Aerospace & Defense Bull 3X Shares by 7.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 6,495 shares of the company’s stock valued at $415,000 after buying an additional 469 shares in the last quarter.

Direxion Daily Aerospace & Defense Bull 3X Shares Trading Up 1.7%

DFEN stock opened at $68.34 on Thursday. The business’s fifty day moving average price is $72.27 and its 200 day moving average price is $74.90. Direxion Daily Aerospace & Defense Bull 3X Shares has a 12-month low of $53.10 and a 12-month high of $97.75. The company has a market capitalization of $345.12 million, a PE ratio of 32.76 and a beta of 2.23.

Direxion Daily Aerospace & Defense Bull 3X Shares Company Profile

The Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) is an exchange-traded fund that is based on the DJ US Select \u002F Aerospace & Defense index. The fund provides 3x leveraged exposure to a market-cap- weighted index of US aerospace and defense companies. DFEN was launched on May 3, 2017 and is managed by Direxion.