Discipline Wealth Solutions LLC Takes $466,000 Position in Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL)

Discipline Wealth Solutions LLC acquired a new stake in shares of Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 2,844 shares of the company’s stock, valued at approximately $466,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Private Advisor Group LLC increased its holdings in Direxion Daily S&P 500 Bull 3X by 5.5% during the third quarter. Private Advisor Group LLC now owns 1,447 shares of the company’s stock valued at $237,000 after buying an additional 75 shares during the last quarter. HighTower Advisors LLC increased its stake in shares of Direxion Daily S&P 500 Bull 3X by 1.3% in the 3rd quarter. HighTower Advisors LLC now owns 5,722 shares of the company’s stock worth $939,000 after purchasing an additional 76 shares in the last quarter. Kelly Financial Services LLC increased its stake in shares of Direxion Daily S&P 500 Bull 3X by 1.4% in the 3rd quarter. Kelly Financial Services LLC now owns 5,804 shares of the company’s stock worth $952,000 after purchasing an additional 79 shares in the last quarter. Summit Financial Strategies Inc. increased its position in Direxion Daily S&P 500 Bull 3X by 6.8% in the third quarter. Summit Financial Strategies Inc. now owns 3,285 shares of the company’s stock worth $539,000 after buying an additional 209 shares in the last quarter. Finally, EP Wealth Advisors LLC increased its holdings in Direxion Daily S&P 500 Bull 3X by 7.1% in the 3rd quarter. EP Wealth Advisors LLC now owns 3,864 shares of the company’s stock worth $634,000 after acquiring an additional 256 shares in the last quarter.

Direxion Daily S&P 500 Bull 3X Stock Down 0.9 %

NYSEARCA:SPXL opened at $184.48 on Wednesday. Direxion Daily S&P 500 Bull 3X has a 52 week low of $93.91 and a 52 week high of $190.34. The stock has a market cap of $5.88 billion, a PE ratio of 33.36 and a beta of 2.99. The business’s 50-day simple moving average is $173.28 and its two-hundred day simple moving average is $156.52.

About Direxion Daily S&P 500 Bull 3X

Direxion Daily S&P 500 Bull 3X Shares, formerly Direxion Daily Large Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification.