Grandview Asset Management LLC Has $1.36 Million Stock Holdings in Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL)

Grandview Asset Management LLC lowered its position in shares of Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) by 1.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,000 shares of the exchange traded fund’s stock after selling 250 shares during the quarter. Grandview Asset Management LLC’s holdings in Direxion Daily Technology Bull 3X Shares were worth $1,358,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in TECL. Farther Finance Advisors LLC boosted its holdings in shares of Direxion Daily Technology Bull 3X Shares by 4,000.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 943 shares of the exchange traded fund’s stock valued at $83,000 after buying an additional 920 shares during the last quarter. Socha Financial Group LLC acquired a new stake in Direxion Daily Technology Bull 3X Shares in the third quarter valued at $243,000. Mercer Global Advisors Inc. ADV bought a new position in shares of Direxion Daily Technology Bull 3X Shares in the 2nd quarter valued at about $338,000. Plotkin Financial Advisors LLC acquired a new position in shares of Direxion Daily Technology Bull 3X Shares during the 3rd quarter worth about $451,000. Finally, Larson Financial Group LLC raised its holdings in shares of Direxion Daily Technology Bull 3X Shares by 1,753.3% in the 3rd quarter. Larson Financial Group LLC now owns 6,746 shares of the exchange traded fund’s stock valued at $591,000 after purchasing an additional 6,382 shares during the period.

Direxion Daily Technology Bull 3X Shares Stock Performance

Direxion Daily Technology Bull 3X Shares stock opened at $83.82 on Tuesday. The stock has a 50-day simple moving average of $94.89 and a 200 day simple moving average of $89.44. The stock has a market capitalization of $3.55 billion, a P/E ratio of 50.15 and a beta of 4.03. Direxion Daily Technology Bull 3X Shares has a 52 week low of $54.80 and a 52 week high of $112.78.

Direxion Daily Technology Bull 3X Shares 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.