Rovin Capital UT ADV boosted its position in shares of Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL – Free Report) by 2.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 12,103 shares of the exchange traded fund’s stock after acquiring an additional 306 shares during the quarter. Rovin Capital UT ADV’s holdings in Direxion Daily Technology Bull 3X Shares were worth $1,096,000 as of its most recent filing with the SEC.
Other large investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC raised its stake in shares of Direxion Daily Technology Bull 3X Shares by 4,000.0% in the third quarter. Farther Finance Advisors LLC now owns 943 shares of the exchange traded fund’s stock worth $83,000 after purchasing an additional 920 shares during the last quarter. Socha Financial Group LLC acquired a new stake in Direxion Daily Technology Bull 3X Shares during the 3rd quarter valued at approximately $243,000. Mercer Global Advisors Inc. ADV purchased a new stake in shares of Direxion Daily Technology Bull 3X Shares in the 2nd quarter valued at $338,000. Plotkin Financial Advisors LLC acquired a new stake in shares of Direxion Daily Technology Bull 3X Shares in the third quarter worth $451,000. Finally, Larson Financial Group LLC raised its holdings in shares of Direxion Daily Technology Bull 3X Shares by 1,753.3% during the third quarter. Larson Financial Group LLC now owns 6,746 shares of the exchange traded fund’s stock worth $591,000 after purchasing an additional 6,382 shares during the last quarter.
Direxion Daily Technology Bull 3X Shares Price Performance
NYSEARCA TECL opened at $89.50 on Thursday. Direxion Daily Technology Bull 3X Shares has a 1 year low of $54.80 and a 1 year high of $112.78. The company has a market capitalization of $3.79 billion, a PE ratio of 50.15 and a beta of 4.03. The company has a fifty day moving average of $94.76 and a 200 day moving average of $89.26.
Direxion Daily Technology Bull 3X Shares Company Profile
The Direxion Daily Technology Bull 3X Shares (TECL) is an exchange-traded fund that is based on the Technology Select Sector index. The fund provides 3x leveraged exposure to a market-cap weighted index of US large-cap technology companies. TECL was launched on Dec 17, 2008 and is managed by Direxion.
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