Virtu Financial LLC bought a new stake in Direxion Daily Real Estate Bull 3X Shares (NYSEARCA:DRN – Free 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
Direxion Daily Real Estate Bull 3X Shares Company Profile
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.
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