Direxion Daily S&P 500 Bull 3X (SPXL) Shares Gap Down to $47.73

Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL)’s share price gapped down prior to trading on Monday . The stock had previously closed at $48.07, but opened at $47.73. Direxion Daily S&P 500 Bull 3X shares last traded at $47.31, with a volume of 402629 shares trading hands.

Hedge funds have recently modified their holdings of the company. Gainplan LLC acquired a new position in shares of Direxion Daily S&P 500 Bull 3X in the 4th quarter worth approximately $2,488,000. Clear Harbor Asset Management LLC lifted its holdings in shares of Direxion Daily S&P 500 Bull 3X by 3,288.0% in the 4th quarter. Clear Harbor Asset Management LLC now owns 169,400 shares of the company’s stock worth $5,573,000 after acquiring an additional 164,400 shares during the last quarter. Dynamic Advisor Solutions LLC acquired a new position in shares of Direxion Daily S&P 500 Bull 3X in the 4th quarter worth approximately $220,000. Wealthstar Advisors LLC lifted its holdings in shares of Direxion Daily S&P 500 Bull 3X by 35.1% in the 4th quarter. Wealthstar Advisors LLC now owns 436,112 shares of the company’s stock worth $14,353,000 after acquiring an additional 113,341 shares during the last quarter. Finally, Creative Planning lifted its holdings in shares of Direxion Daily S&P 500 Bull 3X by 5.3% in the 4th quarter. Creative Planning now owns 28,750 shares of the company’s stock worth $946,000 after acquiring an additional 1,460 shares during the last quarter.

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Direxion Daily S&P 500 Bull 3X Company Profile (NYSEARCA:SPXL)

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.

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