Direxion Work From Home ETF (NYSEARCA:WFH) Shares Up 2%

Shares of Direxion Work From Home ETF (NYSEARCA:WFH) were up 2% during trading on Friday . The stock traded as high as $56.91 and last traded at $56.91. Approximately 1,329 shares were traded during mid-day trading, a decline of 30% from the average daily volume of 1,892 shares. The stock had previously closed at $55.81.

Direxion Work From Home ETF Trading Up 2.0 %

The firm has a market capitalization of $28.46 million, a PE ratio of 31.88 and a beta of 1.50. The stock’s 50 day moving average price is $54.53 and its two-hundred day moving average price is $55.10.

Institutional Trading of Direxion Work From Home ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Tradition Wealth Management LLC raised its position in shares of Direxion Work From Home ETF by 3.7% in the fourth quarter. Tradition Wealth Management LLC now owns 98,479 shares of the company’s stock valued at $5,370,000 after buying an additional 3,537 shares during the last quarter. Virtu Financial LLC acquired a new position in Direxion Work From Home ETF in the 4th quarter valued at $204,000. Finally, Advisors Preferred LLC lifted its stake in shares of Direxion Work From Home ETF by 302.5% during the 1st quarter. Advisors Preferred LLC now owns 3,635 shares of the company’s stock worth $205,000 after purchasing an additional 2,732 shares during the period.

Direxion Work From Home ETF Company Profile

The Direxion Work From Home ETF (WFH) is an exchange-traded fund that is based on the Solactive Remote Work index. The fund tracks an equally-weighted index of global firms that provide technology that supports a more flexible work environment. Stocks are selected using a proprietary natural language processing algorithm.