Covestor Ltd Purchases New Shares in Direxion Daily Homebuilders & Supplies Bull 3x Shares (NYSEARCA:NAIL)

Covestor Ltd acquired a new position in shares of Direxion Daily Homebuilders & Supplies Bull 3x Shares (NYSEARCA:NAIL) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 435 shares of the company’s stock, valued at approximately $66,000.

Separately, BNP Paribas Financial Markets acquired a new stake in Direxion Daily Homebuilders & Supplies Bull 3x Shares during the 1st quarter worth about $120,000.

Direxion Daily Homebuilders & Supplies Bull 3x Shares Trading Down 8.9 %

Shares of NYSEARCA NAIL opened at $125.34 on Thursday. Direxion Daily Homebuilders & Supplies Bull 3x Shares has a one year low of $40.04 and a one year high of $153.40. The firm has a market capitalization of $294.55 million, a PE ratio of 19.10 and a beta of 4.09. The business has a 50-day moving average price of $104.83 and a two-hundred day moving average price of $113.20.

About Direxion Daily Homebuilders & Supplies Bull 3x Shares

The Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) is an exchange-traded fund that is based on the DJ US Select \u002F Home Construction index. The fund provides 3x daily leveraged bullish exposure to an index composed of US companies within the home construction sector. NAIL was launched on Aug 19, 2015 and is managed by Direxion.