Corient Private Wealth LLC Has $1.30 Million Stock Holdings in Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL)

Corient Private Wealth LLC decreased its holdings in shares of Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) by 1.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 7,675 shares of the company’s stock after selling 120 shares during the period. Corient Private Wealth LLC’s holdings in Direxion Daily S&P 500 Bull 3X were worth $1,296,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of SPXL. Larson Financial Group LLC increased its position in Direxion Daily S&P 500 Bull 3X by 358.7% during the third quarter. Larson Financial Group LLC now owns 1,188 shares of the company’s stock worth $195,000 after buying an additional 929 shares during the last quarter. Townsquare Capital LLC boosted its stake in shares of Direxion Daily S&P 500 Bull 3X by 189.6% during the 3rd quarter. Townsquare Capital LLC now owns 5,068 shares of the company’s stock worth $831,000 after acquiring an additional 3,318 shares in the last quarter. Insight Wealth Partners LLC increased its holdings in shares of Direxion Daily S&P 500 Bull 3X by 11.4% during the 3rd quarter. Insight Wealth Partners LLC now owns 35,967 shares of the company’s stock valued at $5,897,000 after acquiring an additional 3,689 shares during the last quarter. CreativeOne Wealth LLC raised its stake in shares of Direxion Daily S&P 500 Bull 3X by 27.5% in the 3rd quarter. CreativeOne Wealth LLC now owns 6,259 shares of the company’s stock valued at $1,026,000 after acquiring an additional 1,351 shares in the last quarter. Finally, Walleye Trading LLC acquired a new stake in Direxion Daily S&P 500 Bull 3X in the 3rd quarter worth approximately $248,000.

Direxion Daily S&P 500 Bull 3X Stock Up 0.4 %

Shares of SPXL stock opened at $153.52 on Wednesday. Direxion Daily S&P 500 Bull 3X has a 12 month low of $111.54 and a 12 month high of $190.34. The company has a market cap of $4.75 billion, a PE ratio of 23.45 and a beta of 3.12. The business’s 50 day moving average is $169.14 and its two-hundred day moving average is $170.04.

Direxion Daily S&P 500 Bull 3X Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th will be issued a $0.4935 dividend. The ex-dividend date is Tuesday, March 25th. This is an increase from Direxion Daily S&P 500 Bull 3X’s previous dividend of $0.19.

Direxion Daily S&P 500 Bull 3X Profile

Direxion Daily S&P 500 Bull 3X Shares, formerly Direxion Daily Large Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification.