11,249 Shares in Direxion Daily Real Estate Bull 3X Shares (NYSEARCA:DRN) Acquired by Virtu Financial LLC

Virtu Financial LLC bought a new stake in Direxion Daily Real Estate Bull 3X Shares (NYSEARCA:DRNFree Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 11,249 shares of the company’s stock, valued at approximately $111,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. HighTower Advisors LLC bought a new position in Direxion Daily Real Estate Bull 3X Shares in the 4th quarter worth approximately $98,000. Innova Wealth Partners bought a new position in Direxion Daily Real Estate Bull 3X Shares during the fourth quarter worth $99,000. Finally, SBI Securities Co. Ltd. bought a new position in Direxion Daily Real Estate Bull 3X Shares during the fourth quarter worth $164,000.

Direxion Daily Real Estate Bull 3X Shares Price Performance

Shares of Direxion Daily Real Estate Bull 3X Shares stock opened at $10.02 on Monday. The company has a market cap of $61.62 million, a PE ratio of 34.96 and a beta of 3.14. The firm has a fifty day moving average price of $10.50 and a two-hundred day moving average price of $11.34. Direxion Daily Real Estate Bull 3X Shares has a fifty-two week low of $7.07 and a fifty-two week high of $14.07.

Direxion Daily Real Estate Bull 3X Shares Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th will be paid a dividend of $0.0637 per share. This is a positive change from Direxion Daily Real Estate Bull 3X Shares’s previous dividend of $0.06. The ex-dividend date of this dividend is Tuesday, March 25th.

Direxion Daily Real Estate Bull 3X Shares Company Profile

(Free Report)

The Direxion Daily Real Estate Bull 3X Shares (DRN) is an exchange-traded fund that is based on the S&P Real Estate Select Sector index. The fund provides 3x leveraged exposure to an index that captures large cap equities of the US real estate segment. DRN was launched on Jul 16, 2009 and is managed by Direxion.

See Also

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Institutional Ownership by Quarter for Direxion Daily Real Estate Bull 3X Shares (NYSEARCA:DRN)

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