Simplex Trading LLC Acquires Shares of 59,470 Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (NYSEARCA:GUSH)

Simplex Trading LLC bought a new position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (NYSEARCA:GUSH) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 59,470 shares of the company’s stock, valued at approximately $1,944,000.

Separately, Quadrature Capital Ltd bought a new position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares in the 3rd quarter valued at $235,000.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares Price Performance

GUSH stock opened at $42.40 on Tuesday. Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares has a 12 month low of $25.02 and a 12 month high of $44.99. The company has a market capitalization of $541.02 million, a PE ratio of 1.52 and a beta of 1.45. The firm’s 50-day moving average is $38.40 and its 200 day moving average is $35.04.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares Profile

The Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (GUSH) is an exchange-traded fund that mostly invests in energy equity. The fund provides 2x daily exposure to an equal-weighted index of the largest oil and gas exploration and production companies in the US. GUSH was launched on May 28, 2015 and is managed by Direxion.