Shares of Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL – Get Free Report) reached a new 52-week high on Friday . The company traded as high as $151.00 and last traded at $149.46, with a volume of 1087392 shares. The stock had previously closed at $147.93.
Direxion Daily S&P 500 Bull 3X Stock Down 1.3 %
The business’s fifty day simple moving average is $133.50 and its two-hundred day simple moving average is $122.16. The company has a market cap of $4.65 billion, a price-to-earnings ratio of 33.36 and a beta of 2.99.
Institutional Trading of Direxion Daily S&P 500 Bull 3X
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SPXL. IMC Chicago LLC acquired a new stake in Direxion Daily S&P 500 Bull 3X during the first quarter worth approximately $53,754,000. Virtu Financial LLC increased its holdings in shares of Direxion Daily S&P 500 Bull 3X by 1,173.8% in the 4th quarter. Virtu Financial LLC now owns 119,661 shares of the company’s stock valued at $12,444,000 after acquiring an additional 110,267 shares during the period. Flow Traders U.S. LLC increased its holdings in shares of Direxion Daily S&P 500 Bull 3X by 709.8% in the 1st quarter. Flow Traders U.S. LLC now owns 60,795 shares of the company’s stock valued at $8,148,000 after acquiring an additional 53,288 shares during the period. GUNN & Co INVESTMENT MANAGEMENT INC. acquired a new position in shares of Direxion Daily S&P 500 Bull 3X in the 4th quarter valued at $5,495,000. Finally, Ogborne Capital Management LLC acquired a new position in shares of Direxion Daily S&P 500 Bull 3X in the 4th quarter valued at $5,200,000.
About Direxion Daily S&P 500 Bull 3X
Direxion Daily S&P 500 Bull 3X Shares, formerly Direxion Daily Large Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification.
Featured Stories
- Five stocks we like better than Direxion Daily S&P 500 Bull 3X
- Earnings Per Share Calculator: How to Calculate EPS
- Qualcomm Stock: AI-Powered Growth Despite Volatility
- 3 REITs to Buy and Hold for the Long Term
- Salesforce Stock: Meeting Recap, AI Focus, and Forecast
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Is CAVA Overextended? A Closer Look at This High-Flying Stock
Receive News & Ratings for Direxion Daily S&P 500 Bull 3X Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily S&P 500 Bull 3X and related companies with MarketBeat.com's FREE daily email newsletter.
