Virtu Financial LLC Buys New Stake in Direxion Daily Utilities Bull 3X Shares (NYSEARCA:UTSL)

Virtu Financial LLC purchased a new position in shares of Direxion Daily Utilities Bull 3X Shares (NYSEARCA:UTSL) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 12,272 shares of the company’s stock, valued at approximately $491,000.

Direxion Daily Utilities Bull 3X Shares Stock Performance

Shares of UTSL opened at $34.06 on Monday. The company’s 50-day simple moving average is $38.03 and its 200-day simple moving average is $33.23. Direxion Daily Utilities Bull 3X Shares has a 1 year low of $16.72 and a 1 year high of $42.54. The stock has a market capitalization of $61.31 million, a PE ratio of 19.08 and a beta of 1.48.

Direxion Daily Utilities Bull 3X Shares Company Profile

The Direxion Daily Utilities Bull 3X Shares (UTSL) is an exchange-traded fund that is based on the Utilities Select Sector index. The fund provides daily 3x exposure to a market-cap-weighted index of utility companies in the US. UTSL was launched on May 3, 2017 and is managed by Direxion.