Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST) Sets New 12-Month High – What’s Next?

Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPSTGet Free Report)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $147.16 and last traded at $146.24, with a volume of 108504 shares. The stock had previously closed at $141.42.

Direxion Daily Regional Banks Bull 3x Shares Stock Up 6.3%

The stock’s 50-day moving average price is $118.89 and its 200 day moving average price is $113.76. The firm has a market capitalization of $634.60 million, a price-to-earnings ratio of 10.48 and a beta of 2.55.

Institutional Trading of Direxion Daily Regional Banks Bull 3x Shares

Hedge funds have recently bought and sold shares of the business. Renaissance Technologies LLC acquired a new position in shares of Direxion Daily Regional Banks Bull 3x Shares during the 1st quarter worth approximately $2,832,000. IMC Chicago LLC increased its holdings in shares of Direxion Daily Regional Banks Bull 3x Shares by 11.3% in the first quarter. IMC Chicago LLC now owns 27,872 shares of the company’s stock valued at $2,694,000 after purchasing an additional 2,833 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares in the fourth quarter valued at approximately $1,523,000. XTX Topco Ltd purchased a new position in Direxion Daily Regional Banks Bull 3x Shares during the fourth quarter worth approximately $244,000. Finally, Quadrature Capital Ltd purchased a new position in Direxion Daily Regional Banks Bull 3x Shares during the fourth quarter worth approximately $3,841,000.

About Direxion Daily Regional Banks Bull 3x Shares

(Get Free Report)

The Direxion Daily Regional Banks Bull 3X Shares (DPST) is an exchange-traded fund that is based on the S&P Regional Banks Select Industry index. The fund provides 3x leveraged exposure to an equally-weighted index of US regional banking stocks. DPST was launched on Aug 19, 2015 and is managed by Direxion.

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