Addison Advisors LLC Sells 253 Shares of Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST)

Addison Advisors LLC trimmed its stake in shares of Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST) by 25.2% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 752 shares of the company’s stock after selling 253 shares during the quarter. Addison Advisors LLC’s holdings in Direxion Daily Regional Banks Bull 3x Shares were worth $75,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Viewpoint Capital Management LLC grew its position in shares of Direxion Daily Regional Banks Bull 3x Shares by 7.3% during the 2nd quarter. Viewpoint Capital Management LLC now owns 2,200 shares of the company’s stock worth $155,000 after buying an additional 150 shares during the period. Quantbot Technologies LP grew its holdings in shares of Direxion Daily Regional Banks Bull 3x Shares by 27.9% in the first quarter. Quantbot Technologies LP now owns 4,000 shares of the company’s stock valued at $318,000 after acquiring an additional 873 shares in the last quarter. Toth Financial Advisory Corp increased its position in shares of Direxion Daily Regional Banks Bull 3x Shares by 24.9% during the 3rd quarter. Toth Financial Advisory Corp now owns 9,047 shares of the company’s stock valued at $900,000 after purchasing an additional 1,801 shares during the last quarter. Virtu Financial LLC purchased a new position in Direxion Daily Regional Banks Bull 3x Shares in the second quarter valued at about $2,285,000. Finally, Jane Street Group LLC lifted its position in shares of Direxion Daily Regional Banks Bull 3x Shares by 172.1% during the 1st quarter. Jane Street Group LLC now owns 57,574 shares of the company’s stock valued at $4,582,000 after buying an additional 36,417 shares during the last quarter.

Direxion Daily Regional Banks Bull 3x Shares Stock Performance

NYSEARCA:DPST opened at $152.68 on Tuesday. Direxion Daily Regional Banks Bull 3x Shares has a 52-week low of $47.72 and a 52-week high of $157.87. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of 105.26 and a beta of 3.98. The business’s fifty day moving average is $104.20 and its 200 day moving average is $88.41.

Direxion Daily Regional Banks Bull 3x Shares Company Profile

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.