Daily Dow Jones Internet Bull 3X Shares (NYSEARCA:WEBL) Trading Up 3.3%

Daily Dow Jones Internet Bull 3X Shares (NYSEARCA:WEBLGet Free Report) shares rose 3.3% during mid-day trading on Thursday . The company traded as high as $16.71 and last traded at $16.61. Approximately 328,503 shares were traded during trading, a decline of 52% from the average daily volume of 681,202 shares. The stock had previously closed at $16.08.

Daily Dow Jones Internet Bull 3X Shares Stock Performance

The stock has a market cap of $156.13 million, a P/E ratio of 59.87 and a beta of 4.35. The stock has a 50-day moving average price of $17.53 and a 200-day moving average price of $16.58.

Hedge Funds Weigh In On Daily Dow Jones Internet Bull 3X Shares

A hedge fund recently bought a new stake in Daily Dow Jones Internet Bull 3X Shares stock. Quadrature Capital Ltd acquired a new stake in shares of Daily Dow Jones Internet Bull 3X Shares (NYSEARCA:WEBLFree Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 11,850 shares of the company’s stock, valued at approximately $225,000. Quadrature Capital Ltd owned approximately 0.13% of Daily Dow Jones Internet Bull 3X Shares at the end of the most recent quarter.

About Daily Dow Jones Internet Bull 3X Shares

(Get Free Report)

The Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL) is an exchange-traded fund that is based on the DJ Internet Composite index. The fund provides 3x leveraged daily exposure to a market-cap-weighted index of the largest and most liquid U.S. Internet companies. WEBL was launched on Nov 7, 2019 and is managed by Direxion.

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