Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN – Get Free Report) shares gapped up before the market opened on Thursday . The stock had previously closed at $40.71, but opened at $42.73. Direxion Daily FTSE China Bull 3X Shares shares last traded at $43.49, with a volume of 5,979,143 shares trading hands.
Direxion Daily FTSE China Bull 3X Shares Stock Up 4.2 %
The firm has a market capitalization of $2.01 billion, a P/E ratio of 4.13 and a beta of 2.93. The business has a 50-day moving average price of $30.44 and a 200-day moving average price of $29.56.
Institutional Trading of Direxion Daily FTSE China Bull 3X Shares
Large investors have recently bought and sold shares of the stock. Formidable Asset Management LLC acquired a new position in shares of Direxion Daily FTSE China Bull 3X Shares during the fourth quarter valued at $279,000. Cantor Fitzgerald L. P. acquired a new position in Direxion Daily FTSE China Bull 3X Shares in the fourth quarter valued at about $284,000. Raffles Associates LP acquired a new position in Direxion Daily FTSE China Bull 3X Shares in the fourth quarter valued at about $279,000. Two Sigma Securities LLC acquired a new position in Direxion Daily FTSE China Bull 3X Shares in the fourth quarter valued at about $647,000. Finally, Jump Financial LLC lifted its stake in Direxion Daily FTSE China Bull 3X Shares by 698.0% in the fourth quarter. Jump Financial LLC now owns 238,375 shares of the exchange traded fund’s stock valued at $6,660,000 after buying an additional 208,503 shares during the period.
About Direxion Daily FTSE China Bull 3X Shares
Direxion Daily China Bull 3x Shares ETF (the Fund) seeks daily investment results of 300% of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation.
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