Capital Investment Counsel Inc bought a new position in shares of Direxion Daily CSI 300 China A Share Bull 2x Shares (NYSEARCA:CHAU – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 24,600 shares of the company’s stock, valued at approximately $358,000. Capital Investment Counsel Inc owned 0.56% of Direxion Daily CSI 300 China A Share Bull 2x Shares as of its most recent filing with the Securities and Exchange Commission.
Separately, Virtu Financial LLC purchased a new stake in Direxion Daily CSI 300 China A Share Bull 2x Shares in the third quarter worth about $2,508,000.
Direxion Daily CSI 300 China A Share Bull 2x Shares Stock Performance
Shares of NYSEARCA CHAU opened at $15.09 on Friday. The company has a 50 day simple moving average of $14.34 and a two-hundred day simple moving average of $14.80. Direxion Daily CSI 300 China A Share Bull 2x Shares has a fifty-two week low of $11.54 and a fifty-two week high of $28.25. The company has a market capitalization of $66.40 million, a price-to-earnings ratio of 9.69 and a beta of 0.99.
About Direxion Daily CSI 300 China A Share Bull 2x Shares
The Direxion Daily CSI 300 China A Share Bull 2X Shares (CHAU) is an exchange-traded fund that is based on the China Shenzhen SE \u002F CSI 300 index. The fund provides daily 2x leveraged exposure to an index of the 300 largest and most liquid Chinese shares traded on the Shanghai and Shenzhen exchanges.
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