Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) Shares Gap Down to $15.58

Shares of Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) gapped down prior to trading on Monday . The stock had previously closed at $15.50, but opened at $15.58. Direxion Daily FTSE China Bull 3X Shares shares last traded at $15.02, with a volume of 79,755 shares changing hands.

The company’s 50 day moving average is $19.60.

Several institutional investors and hedge funds have recently bought and sold shares of YINN. U S Global Investors Inc. acquired a new stake in Direxion Daily FTSE China Bull 3X Shares during the 1st quarter worth approximately $266,000. Bank of New York Mellon Corp acquired a new stake in Direxion Daily FTSE China Bull 3X Shares during the 4th quarter worth approximately $261,000. Millennium Management LLC acquired a new stake in Direxion Daily FTSE China Bull 3X Shares during the 4th quarter worth approximately $516,000. Virtu Financial LLC boosted its position in Direxion Daily FTSE China Bull 3X Shares by 30.8% during the 1st quarter. Virtu Financial LLC now owns 41,197 shares of the exchange traded fund’s stock worth $996,000 after buying an additional 9,692 shares during the period. Finally, Hillsdale Investment Management Inc. boosted its position in Direxion Daily FTSE China Bull 3X Shares by 251.9% during the 2nd quarter. Hillsdale Investment Management Inc. now owns 2,794 shares of the exchange traded fund’s stock worth $60,000 after buying an additional 2,000 shares during the period.

Direxion Daily FTSE China Bull 3X Shares Company Profile (NYSEARCA:YINN)

Direxion Daily China Bull 3x Shares ETF (the Fund) seeks daily investment results of 300% of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation.

See Also: Capital Gains Distribution

Receive News & Ratings for Direxion Daily FTSE China Bull 3X Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily FTSE China Bull 3X Shares and related companies with MarketBeat.com's FREE daily email newsletter.