Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST – Get Free Report) shares were up 5.1% during mid-day trading on Tuesday . The stock traded as high as $112.30 and last traded at $112.13. Approximately 935,502 shares traded hands during mid-day trading, a decline of 33% from the average daily volume of 1,395,658 shares. The stock had previously closed at $106.71.
Direxion Daily Regional Banks Bull 3x Shares Price Performance
The stock has a 50 day moving average price of $71.84 and a two-hundred day moving average price of $73.68. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of 105.26 and a beta of 3.98.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the stock. Headlands Technologies LLC acquired a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares in the 4th quarter valued at $28,000. Glass Jacobson Investment Advisors llc bought a new position in shares of Direxion Daily Regional Banks Bull 3x Shares during the fourth quarter worth $40,000. Capital Investment Advisory Services LLC grew its holdings in shares of Direxion Daily Regional Banks Bull 3x Shares by 252.5% in the 4th quarter. Capital Investment Advisory Services LLC now owns 564 shares of the company’s stock valued at $55,000 after buying an additional 404 shares during the period. Simplex Trading LLC acquired a new stake in Direxion Daily Regional Banks Bull 3x Shares during the 1st quarter worth $263,000. Finally, Quantbot Technologies LP lifted its holdings in Direxion Daily Regional Banks Bull 3x Shares by 27.9% during the first quarter. Quantbot Technologies LP now owns 4,000 shares of the company’s stock worth $318,000 after acquiring an additional 873 shares in the last quarter.
About Direxion Daily Regional Banks Bull 3x Shares
The Direxion Daily Regional Banks Bull 3X Shares (DPST) is an exchange-traded fund that is based on the S&P Regional Banks Select Industry index. The fund provides 3x leveraged exposure to an equally-weighted index of US regional banking stocks. DPST was launched on Aug 19, 2015 and is managed by Direxion.
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