LifeGuide Financial Advisors LLC Sells 3,332 Shares of Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL)

LifeGuide Financial Advisors LLC cut its holdings in Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) by 34.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,249 shares of the company’s stock after selling 3,332 shares during the quarter. Direxion Daily S&P 500 Bull 3X makes up approximately 0.5% of LifeGuide Financial Advisors LLC’s holdings, making the stock its 17th largest holding. LifeGuide Financial Advisors LLC’s holdings in Direxion Daily S&P 500 Bull 3X were worth $1,054,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Wealth Alliance Advisory Group LLC bought a new stake in shares of Direxion Daily S&P 500 Bull 3X in the 4th quarter worth approximately $203,000. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Direxion Daily S&P 500 Bull 3X by 730.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,934 shares of the company’s stock valued at $664,000 after acquiring an additional 3,460 shares in the last quarter. Navigation Wealth Management Inc. boosted its holdings in Direxion Daily S&P 500 Bull 3X by 9.1% in the fourth quarter. Navigation Wealth Management Inc. now owns 2,792 shares of the company’s stock valued at $471,000 after acquiring an additional 233 shares in the last quarter. Wallace Advisory Group LLC increased its position in Direxion Daily S&P 500 Bull 3X by 189.6% during the 4th quarter. Wallace Advisory Group LLC now owns 5,068 shares of the company’s stock valued at $831,000 after purchasing an additional 3,318 shares during the period. Finally, Gainplan LLC raised its holdings in Direxion Daily S&P 500 Bull 3X by 275.2% in the 4th quarter. Gainplan LLC now owns 62,666 shares of the company’s stock worth $10,572,000 after purchasing an additional 45,966 shares in the last quarter.

Direxion Daily S&P 500 Bull 3X Trading Up 2.7 %

NYSEARCA:SPXL opened at $181.84 on Wednesday. Direxion Daily S&P 500 Bull 3X has a 12 month low of $107.49 and a 12 month high of $190.34. The company has a 50-day moving average price of $177.65 and a 200-day moving average price of $163.32. The stock has a market cap of $5.79 billion, a price-to-earnings ratio of 33.36 and a beta of 2.99.

Direxion Daily S&P 500 Bull 3X Company Profile

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.