Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) Holdings Boosted by Millington Financial Advisors LLC

Millington Financial Advisors LLC raised its position in shares of Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) by 7.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 3,059 shares of the exchange traded fund’s stock after acquiring an additional 212 shares during the period. Millington Financial Advisors LLC’s holdings in Direxion Daily Technology Bull 3X Shares were worth $252,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Farther Finance Advisors LLC raised its position in Direxion Daily Technology Bull 3X Shares by 4,000.0% during the third quarter. Farther Finance Advisors LLC now owns 943 shares of the exchange traded fund’s stock valued at $83,000 after buying an additional 920 shares during the period. GFG Capital LLC acquired a new stake in Direxion Daily Technology Bull 3X Shares during the 4th quarter worth about $216,000. Socha Financial Group LLC purchased a new position in Direxion Daily Technology Bull 3X Shares during the 3rd quarter valued at about $243,000. Merit Financial Group LLC acquired a new position in shares of Direxion Daily Technology Bull 3X Shares in the 4th quarter valued at about $275,000. Finally, Plotkin Financial Advisors LLC purchased a new stake in shares of Direxion Daily Technology Bull 3X Shares in the third quarter worth approximately $451,000.

Direxion Daily Technology Bull 3X Shares Stock Performance

TECL stock opened at $85.60 on Tuesday. The stock has a market cap of $2.93 billion, a P/E ratio of 38.49 and a beta of 3.51. The firm has a 50 day simple moving average of $92.21 and a 200 day simple moving average of $89.48. Direxion Daily Technology Bull 3X Shares has a 52 week low of $54.80 and a 52 week high of $112.78.

About Direxion Daily Technology Bull 3X Shares

The Direxion Daily Technology Bull 3X Shares (TECL) is an exchange-traded fund that is based on the Technology Select Sector index. The fund provides 3x leveraged exposure to a market-cap weighted index of US large-cap technology companies. TECL was launched on Dec 17, 2008 and is managed by Direxion.