Direxion Daily S&P500 Bull 3X Shares (NYSEARCA:SPXL) Shares Sold by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. lowered its position in shares of Direxion Daily S&P500 Bull 3X Shares (NYSEARCA:SPXL) by 19.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,568 shares of the company’s stock after selling 613 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Direxion Daily S&P500 Bull 3X Shares were worth $267,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Coppell Advisory Solutions LLC acquired a new stake in Direxion Daily S&P500 Bull 3X Shares during the second quarter valued at approximately $28,000. Coppell Advisory Solutions Corp. acquired a new stake in Direxion Daily S&P500 Bull 3X Shares during the fourth quarter valued at approximately $37,000. Captrust Financial Advisors grew its holdings in shares of Direxion Daily S&P500 Bull 3X Shares by 10,588.9% during the second quarter. Captrust Financial Advisors now owns 962 shares of the company’s stock valued at $63,000 after purchasing an additional 953 shares during the last quarter. UBS Group AG grew its holdings in shares of Direxion Daily S&P500 Bull 3X Shares by 504.1% during the third quarter. UBS Group AG now owns 1,190 shares of the company’s stock valued at $93,000 after purchasing an additional 993 shares during the last quarter. Finally, Lazari Capital Management Inc. bought a new position in shares of Direxion Daily S&P500 Bull 3X Shares during the third quarter valued at approximately $203,000.

Direxion Daily S&P500 Bull 3X Shares Trading Down 3.7 %

NYSEARCA:SPXL opened at $119.26 on Tuesday. The firm has a market capitalization of $3.76 billion, a PE ratio of 34.49 and a beta of 2.99. The stock has a 50 day moving average of $125.38 and a 200-day moving average of $104.18. Direxion Daily S&P500 Bull 3X Shares has a 52 week low of $67.60 and a 52 week high of $135.20.

Direxion Daily S&P500 Bull 3X Shares 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.