Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) Shares Gap Up – What’s Next?

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) shares gapped up before the market opened on Monday . The stock had previously closed at $39.34, but opened at $40.62. Direxion Daily 20 Year Plus Treasury Bull 3x Shares shares last traded at $40.34, with a volume of 2,690,340 shares changing hands.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Stock Up 2.9 %

The business’s 50 day simple moving average is $43.10 and its 200-day simple moving average is $50.21.

Hedge Funds Weigh In On Direxion Daily 20 Year Plus Treasury Bull 3x Shares

Hedge funds and other institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. raised its holdings in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 626.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 287,834 shares of the company’s stock worth $16,625,000 after buying an additional 248,230 shares during the period. U.S. Capital Wealth Advisors LLC acquired a new stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the third quarter worth $14,384,000. BNP Paribas Financial Markets boosted its stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 29.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 166,647 shares of the company’s stock worth $9,626,000 after purchasing an additional 37,729 shares during the period. SG Americas Securities LLC increased its holdings in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 33.0% during the 3rd quarter. SG Americas Securities LLC now owns 62,130 shares of the company’s stock worth $3,589,000 after purchasing an additional 15,404 shares in the last quarter. Finally, ORG Wealth Partners LLC acquired a new stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the 3rd quarter valued at about $1,673,000.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Company Profile

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (the Fund), formerly Direxion Daily 30-Year Treasury Bull 3X Shares, seeks daily investment results of 300% of the price performance of the NYSE 20 Year Plus Treasury Bond Index (the Index). The Index is a multiple-security fixed income index that aims to track the total returns of the long-term 20-year and greater maturity range of the United States Treasury bond market.