Capital Investment Advisory Services LLC Acquires 404 Shares of Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST)

Capital Investment Advisory Services LLC grew its holdings in shares of Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST) by 252.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 564 shares of the company’s stock after buying an additional 404 shares during the period. Capital Investment Advisory Services LLC’s holdings in Direxion Daily Regional Banks Bull 3x Shares were worth $55,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Viewpoint Capital Management LLC grew its stake in Direxion Daily Regional Banks Bull 3x Shares by 54.2% in the third quarter. Viewpoint Capital Management LLC now owns 1,850 shares of the company’s stock worth $100,000 after purchasing an additional 650 shares in the last quarter. Quantbot Technologies LP grew its stake in Direxion Daily Regional Banks Bull 3x Shares by 6.2% in the third quarter. Quantbot Technologies LP now owns 5,000 shares of the company’s stock worth $271,000 after purchasing an additional 292 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in Direxion Daily Regional Banks Bull 3x Shares by 1,650.0% in the third quarter. Tower Research Capital LLC TRC now owns 6,755 shares of the company’s stock worth $366,000 after purchasing an additional 6,369 shares in the last quarter. Anchor Investment Management LLC bought a new position in Direxion Daily Regional Banks Bull 3x Shares in the fourth quarter worth approximately $49,000. Finally, Glass Jacobson Investment Advisors llc purchased a new stake in Direxion Daily Regional Banks Bull 3x Shares during the fourth quarter worth $40,000.

Direxion Daily Regional Banks Bull 3x Shares Stock Down 3.8 %

Direxion Daily Regional Banks Bull 3x Shares stock opened at $69.33 on Friday. The business has a fifty day moving average of $70.40 and a two-hundred day moving average of $71.85. The firm has a market cap of $712.02 million, a P/E ratio of 85.29 and a beta of 2.99. Direxion Daily Regional Banks Bull 3x Shares has a twelve month low of $34.60 and a twelve month high of $107.86.

Direxion Daily Regional Banks Bull 3x Shares Company Profile

The Direxion Daily Regional Banks Bull 3X Shares (DPST) is an exchange-traded fund that is based on the S&P Regional Banks Select Industry index. The fund provides 3x leveraged exposure to an equally-weighted index of US regional banking stocks. DPST was launched on Aug 19, 2015 and is managed by Direxion.