LifeGuide Financial Advisors LLC Reduces Holdings in Direxion Daily S&P 500 Bull 3x Shares $SPXL

LifeGuide Financial Advisors LLC lowered its stake in shares of Direxion Daily S&P 500 Bull 3x Shares (NYSEARCA:SPXL) by 78.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,356 shares of the company’s stock after selling 4,823 shares during the quarter. LifeGuide Financial Advisors LLC’s holdings in Direxion Daily S&P 500 Bull 3x Shares were worth $301,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Goldman Sachs Group Inc. boosted its stake in Direxion Daily S&P 500 Bull 3x Shares by 389.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 125,668 shares of the company’s stock worth $17,643,000 after purchasing an additional 100,000 shares in the last quarter. Group One Trading LLC increased its stake in Direxion Daily S&P 500 Bull 3x Shares by 1,181.5% during the 2nd quarter. Group One Trading LLC now owns 45,492 shares of the company’s stock valued at $7,894,000 after purchasing an additional 41,942 shares in the last quarter. Corient Private Wealth LLC increased its stake in Direxion Daily S&P 500 Bull 3x Shares by 336.7% during the 2nd quarter. Corient Private Wealth LLC now owns 31,400 shares of the company’s stock valued at $5,449,000 after purchasing an additional 24,210 shares in the last quarter. JPMorgan Chase & Co. purchased a new position in shares of Direxion Daily S&P 500 Bull 3x Shares in the second quarter worth $3,932,000. Finally, Flow Traders U.S. LLC raised its holdings in shares of Direxion Daily S&P 500 Bull 3x Shares by 85.4% in the third quarter. Flow Traders U.S. LLC now owns 43,378 shares of the company’s stock worth $9,192,000 after buying an additional 19,984 shares during the last quarter.

Direxion Daily S&P 500 Bull 3x Shares Trading Down 0.8%

NYSEARCA:SPXL opened at $193.75 on Friday. The company has a market capitalization of $4.85 billion, a P/E ratio of 25.10 and a beta of 3.03. Direxion Daily S&P 500 Bull 3x Shares has a 12 month low of $87.08 and a 12 month high of $234.09. The firm has a fifty day simple moving average of $219.69 and a 200-day simple moving average of $216.36.

Direxion Daily S&P 500 Bull 3x Shares Company Profile

Direxion Daily S&P 500 Bull 3X Shares, formerly Direxion Daily Large Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification. Most of the stocks in the Index are issued by the 500 largest companies, in terms of the aggregate market value of their outstanding stock, and generally are listed on the New York Stock Exchange.