Larson Financial Group LLC Decreases Position in Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS)

Larson Financial Group LLC reduced its position in shares of Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS) by 25.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 590 shares of the real estate investment trust’s stock after selling 200 shares during the period. Larson Financial Group LLC’s holdings in Direxion Daily Financial Bull 3X Shares were worth $49,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of FAS. Diligent Investors LLC acquired a new stake in Direxion Daily Financial Bull 3X Shares during the 4th quarter worth $223,000. Viewpoint Capital Management LLC acquired a new stake in Direxion Daily Financial Bull 3X Shares during the 4th quarter worth $264,000. Finally, Pathstone Family Office LLC acquired a new position in Direxion Daily Financial Bull 3X Shares in the third quarter valued at $1,232,000. 3.51% of the stock is owned by hedge funds and other institutional investors.

Direxion Daily Financial Bull 3X Shares Stock Performance

NYSEARCA FAS opened at $101.43 on Friday. Direxion Daily Financial Bull 3X Shares has a one year low of $48.73 and a one year high of $113.08. The firm’s fifty day moving average is $102.02 and its two-hundred day moving average is $83.60.

Direxion Daily Financial Bull 3X Shares Company Profile

Direxion Daily Financial Bull 3x Shares seeks daily investment results of 300% of the price performance of the Russell 1000 Financial Services Index (the Index). The Index is a subset of the Russell 1000 Index that measures the performance of the securities classified in the financial services sector of the large cap United States equity market.