FNY Investment Advisers LLC Makes New Investment in Direxion Daily Homebuilders & Supplies Bull 3x Shares $NAIL

FNY Investment Advisers LLC bought a new position in Direxion Daily Homebuilders & Supplies Bull 3x Shares (NYSEARCA:NAIL) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 15,000 shares of the company’s stock, valued at approximately $1,102,000. FNY Investment Advisers LLC owned 0.14% of Direxion Daily Homebuilders & Supplies Bull 3x Shares as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in NAIL. Jump Financial LLC acquired a new position in shares of Direxion Daily Homebuilders & Supplies Bull 3x Shares during the third quarter worth about $2,060,000. JPMorgan Chase & Co. acquired a new stake in Direxion Daily Homebuilders & Supplies Bull 3x Shares in the third quarter valued at about $558,000. Finally, Covestor Ltd acquired a new stake in Direxion Daily Homebuilders & Supplies Bull 3x Shares in the third quarter valued at about $159,000.

Direxion Daily Homebuilders & Supplies Bull 3x Shares Trading Down 9.1%

Shares of NAIL opened at $39.60 on Thursday. The stock’s 50 day moving average is $62.58 and its two-hundred day moving average is $63.66. Direxion Daily Homebuilders & Supplies Bull 3x Shares has a twelve month low of $39.41 and a twelve month high of $99.01. The firm has a market capitalization of $376.20 million, a PE ratio of 9.25 and a beta of 3.97.

Direxion Daily Homebuilders & Supplies Bull 3x Shares Company Profile

The Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) is an exchange-traded fund that is based on the DJ US Select \u002F Home Construction index. The fund provides 3x daily leveraged bullish exposure to an index composed of US companies within the home construction sector. NAIL was launched on Aug 19, 2015 and is managed by Direxion.