Direxion Work From Home ETF (NYSEARCA:WFH) Stock Price Up 0.1% – Here’s What Happened

Direxion Work From Home ETF (NYSEARCA:WFH)’s stock price shot up 0.1% on Tuesday . The stock traded as high as $67.65 and last traded at $67.38. 1,053 shares were traded during trading, a decline of 5% from the average session volume of 1,109 shares. The stock had previously closed at $67.30.

Direxion Work From Home ETF Trading Up 0.1%

The firm has a market capitalization of $20.21 million, a PE ratio of 26.15 and a beta of 0.94. The company has a fifty day moving average price of $66.30 and a two-hundred day moving average price of $63.86.

Hedge Funds Weigh In On Direxion Work From Home ETF

Hedge funds have recently bought and sold shares of the company. Tradition Wealth Management LLC grew its holdings in Direxion Work From Home ETF by 1.5% in the first quarter. Tradition Wealth Management LLC now owns 95,054 shares of the company’s stock valued at $5,429,000 after purchasing an additional 1,440 shares during the period. Virtu Financial LLC boosted its holdings in shares of Direxion Work From Home ETF by 215.1% in the 4th quarter. Virtu Financial LLC now owns 42,219 shares of the company’s stock valued at $2,714,000 after purchasing an additional 28,822 shares during the last quarter. Citadel Advisors LLC grew its stake in shares of Direxion Work From Home ETF by 65.7% during the 4th quarter. Citadel Advisors LLC now owns 11,687 shares of the company’s stock valued at $751,000 after buying an additional 4,636 shares during the period. Finally, Royal Bank of Canada increased its holdings in shares of Direxion Work From Home ETF by 53.4% during the 1st quarter. Royal Bank of Canada now owns 6,956 shares of the company’s stock worth $397,000 after buying an additional 2,421 shares during the last quarter.

About Direxion Work From Home ETF

The Direxion Work From Home ETF (WFH) is an exchange-traded fund that is based on the Solactive Remote Work index. The fund tracks an equally-weighted index of global firms that provide technology that supports a more flexible work environment. Stocks are selected using a proprietary natural language processing algorithm.