Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) Shares Gap Up – Here’s Why

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) gapped up prior to trading on Monday . The stock had previously closed at $39.90, but opened at $41.50. Direxion Daily 20 Year Plus Treasury Bull 3x Shares shares last traded at $41.82, with a volume of 3,169,835 shares changing hands.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Trading Up 2.7 %

The stock’s fifty day moving average price is $42.67 and its 200-day moving average price is $49.81.

Institutional Trading of Direxion Daily 20 Year Plus Treasury Bull 3x Shares

Institutional investors have recently made changes to their positions in the stock. PayPay Securities Corp grew its stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 930.0% in the fourth quarter. PayPay Securities Corp now owns 618 shares of the company’s stock valued at $25,000 after purchasing an additional 558 shares in the last quarter. HighTower Advisors LLC bought a new stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the 3rd quarter valued at approximately $209,000. Arkadios Wealth Advisors acquired a new position in Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the fourth quarter worth approximately $208,000. X Square Capital LLC increased its holdings in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 39.5% in the third quarter. X Square Capital LLC now owns 6,000 shares of the company’s stock worth $347,000 after buying an additional 1,700 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new position in Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the second quarter valued at approximately $342,000.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Company Profile

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (the Fund), formerly Direxion Daily 30-Year Treasury Bull 3X Shares, seeks daily investment results of 300% of the price performance of the NYSE 20 Year Plus Treasury Bond Index (the Index). The Index is a multiple-security fixed income index that aims to track the total returns of the long-term 20-year and greater maturity range of the United States Treasury bond market.