Direxion Daily Financial Bull 3X Shares (FAS) Holdings Reduced by RPG Investment Advisory LLC

RPG Investment Advisory LLC lessened its stake in Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS) by 2.0% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 116,544 shares of the real estate investment trust’s stock after selling 2,350 shares during the quarter. Direxion Daily Financial Bull 3X Shares accounts for about 1.7% of RPG Investment Advisory LLC’s investment portfolio, making the stock its 14th biggest holding. RPG Investment Advisory LLC owned about 0.51% of Direxion Daily Financial Bull 3X Shares worth $7,209,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in FAS. Hellman Jordan Management Co. Inc. MA acquired a new position in shares of Direxion Daily Financial Bull 3X Shares in the fourth quarter valued at approximately $4,477,000. Simplex Trading LLC acquired a new position in shares of Direxion Daily Financial Bull 3X Shares in the fourth quarter valued at approximately $2,939,000. Credit Suisse AG boosted its holdings in shares of Direxion Daily Financial Bull 3X Shares by 111.4% in the third quarter. Credit Suisse AG now owns 73,250 shares of the real estate investment trust’s stock valued at $5,153,000 after buying an additional 38,599 shares during the period. Commerzbank Aktiengesellschaft FI acquired a new position in shares of Direxion Daily Financial Bull 3X Shares in the fourth quarter valued at approximately $563,000. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Direxion Daily Financial Bull 3X Shares by 10.9% in the third quarter. Envestnet Asset Management Inc. now owns 79,213 shares of the real estate investment trust’s stock valued at $5,572,000 after buying an additional 7,791 shares during the period.

Shares of Direxion Daily Financial Bull 3X Shares stock traded down $0.93 on Monday, hitting $68.60. The company had a trading volume of 1,355,358 shares, compared to its average volume of 1,541,662. Direxion Daily Financial Bull 3X Shares has a twelve month low of $36.73 and a twelve month high of $78.35.

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Wednesday, March 20th were issued a $0.1556 dividend. This represents a $0.62 annualized dividend and a dividend yield of 0.91%. The ex-dividend date was Tuesday, March 19th.

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About Direxion Daily Financial Bull 3X Shares

Direxion Daily Financial Bull 3x Shares seeks daily investment results of 300% of the price performance of the Russell 1000 Financial Services Index (the Index). The Index is a subset of the Russell 1000 Index that measures the performance of the securities classified in the financial services sector of the large cap United States equity market.

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Institutional Ownership by Quarter for Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS)

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