Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) Shares Sold by Strategic Wealth Investment Group LLC

Strategic Wealth Investment Group LLC trimmed its stake in shares of Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) by 6.0% during the 4th quarter, Holdings Channel reports. The fund owned 21,882 shares of the exchange traded fund’s stock after selling 1,399 shares during the quarter. Strategic Wealth Investment Group LLC’s holdings in Direxion Daily FTSE China Bull 3X Shares were worth $611,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Covestor Ltd purchased a new stake in shares of Direxion Daily FTSE China Bull 3X Shares during the 3rd quarter worth about $88,000. Flow Traders U.S. LLC raised its holdings in Direxion Daily FTSE China Bull 3X Shares by 131.6% in the 3rd quarter. Flow Traders U.S. LLC now owns 49,987 shares of the exchange traded fund’s stock worth $1,846,000 after purchasing an additional 28,404 shares during the period. Barclays PLC boosted its position in Direxion Daily FTSE China Bull 3X Shares by 6.1% during the third quarter. Barclays PLC now owns 24,438 shares of the exchange traded fund’s stock worth $902,000 after purchasing an additional 1,400 shares in the last quarter. TB Alternative Assets Ltd. acquired a new stake in Direxion Daily FTSE China Bull 3X Shares in the fourth quarter valued at approximately $19,162,000. Finally, Signature Resources Capital Management LLC acquired a new stake in Direxion Daily FTSE China Bull 3X Shares in the fourth quarter valued at approximately $65,000.

Direxion Daily FTSE China Bull 3X Shares Price Performance

Shares of YINN stock opened at $33.26 on Friday. Direxion Daily FTSE China Bull 3X Shares has a 1-year low of $14.11 and a 1-year high of $59.26. The company has a market cap of $1.49 billion, a price-to-earnings ratio of 4.13 and a beta of 2.93. The stock has a 50 day simple moving average of $28.03 and a 200-day simple moving average of $27.98.

Direxion Daily FTSE China Bull 3X Shares Company Profile

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.