Captrust Financial Advisors Grows Stock Holdings in Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS)

Captrust Financial Advisors grew its holdings in Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS) by 20.4% during the third quarter, HoldingsChannel reports. The firm owned 4,920 shares of the real estate investment trust’s stock after acquiring an additional 835 shares during the period. Captrust Financial Advisors’ holdings in Direxion Daily Financial Bull 3X Shares were worth $639,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Meridian Wealth Management LLC purchased a new stake in shares of Direxion Daily Financial Bull 3X Shares during the 3rd quarter valued at approximately $226,000. PNC Financial Services Group Inc. raised its position in shares of Direxion Daily Financial Bull 3X Shares by 11.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 8,132 shares of the real estate investment trust’s stock valued at $1,055,000 after buying an additional 832 shares during the period. Addison Advisors LLC purchased a new stake in shares of Direxion Daily Financial Bull 3X Shares during the 3rd quarter valued at approximately $39,000. Hollencrest Capital Management purchased a new stake in shares of Direxion Daily Financial Bull 3X Shares during the 3rd quarter valued at approximately $42,000. Finally, James J. Burns & Company LLC purchased a new stake in shares of Direxion Daily Financial Bull 3X Shares during the 3rd quarter valued at approximately $234,000. 3.51% of the stock is owned by hedge funds and other institutional investors.

Direxion Daily Financial Bull 3X Shares Stock Up 0.6 %

FAS stock opened at $165.39 on Thursday. Direxion Daily Financial Bull 3X Shares has a one year low of $74.02 and a one year high of $184.88. The firm’s 50 day moving average price is $155.57 and its 200-day moving average price is $128.40.

Direxion Daily Financial Bull 3X Shares Company Profile

Direxion Daily Financial Bull 3x Shares seeks daily investment results of 300% of the price performance of the Russell 1000 Financial Services Index (the Index). The Index is a subset of the Russell 1000 Index that measures the performance of the securities classified in the financial services sector of the large cap United States equity market.