Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST) Position Raised by Toth Financial Advisory Corp

Toth Financial Advisory Corp increased its position in Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST) by 40.6% during the fourth quarter, Holdings Channel reports. The fund owned 12,723 shares of the company’s stock after purchasing an additional 3,676 shares during the quarter. Toth Financial Advisory Corp’s holdings in Direxion Daily Regional Banks Bull 3x Shares were worth $1,398,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of DPST. Verus Capital Partners LLC bought a new stake in Direxion Daily Regional Banks Bull 3x Shares during the 3rd quarter valued at $252,000. Safe Harbor Fiduciary LLC acquired a new position in shares of Direxion Daily Regional Banks Bull 3x Shares during the third quarter valued at $48,000. Finally, Orion Portfolio Solutions LLC bought a new stake in shares of Direxion Daily Regional Banks Bull 3x Shares during the third quarter valued at about $349,000.

Direxion Daily Regional Banks Bull 3x Shares Stock Up 2.2 %

DPST stock opened at $124.21 on Friday. The company has a 50-day simple moving average of $128.39 and a 200 day simple moving average of $111.21. The company has a market capitalization of $1.23 billion, a P/E ratio of 105.26 and a beta of 3.98. Direxion Daily Regional Banks Bull 3x Shares has a fifty-two week low of $56.46 and a fifty-two week high of $174.22.

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.