Rovin Capital UT ADV Purchases New Position in Direxion Daily Industrials Bull 3X Shares (NYSEARCA:DUSL)

Rovin Capital UT ADV acquired a new stake in shares of Direxion Daily Industrials Bull 3X Shares (NYSEARCA:DUSL) during the 1st quarter, HoldingsChannel.com reports. The fund acquired 3,932 shares of the company’s stock, valued at approximately $222,000.

Direxion Daily Industrials Bull 3X Shares Trading Down 4.7 %

NYSEARCA DUSL traded down $2.45 during trading on Tuesday, hitting $49.87. 16,905 shares of the company traded hands, compared to its average volume of 21,676. Direxion Daily Industrials Bull 3X Shares has a 12 month low of $26.42 and a 12 month high of $56.74. The business has a fifty day simple moving average of $52.13 and a 200 day simple moving average of $43.07. The company has a market capitalization of $34.91 million, a P/E ratio of 33.19 and a beta of 3.38.

Direxion Daily Industrials Bull 3X Shares Profile

The Direxion Daily Industrials Bull 3X Shares (DUSL) is an exchange-traded fund that is based on the S&P Industrial Select Sector index. The fund provides 3X leveraged exposure to a market-cap-weighted index of US industrial companies. DUSL was launched on May 3, 2017 and is managed by Direxion.