Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) Hits New 52-Week High at $126.21

Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL)’s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $126.21 and last traded at $125.54, with a volume of 44382 shares changing hands. The stock had previously closed at $125.75.

The firm’s 50 day simple moving average is $117.39 and its 200-day simple moving average is $108.10.

Large investors have recently modified their holdings of the stock. Carolinas Wealth Consulting LLC bought a new stake in Direxion Daily S&P 500 Bull 3X in the second quarter worth $39,000. Capital Analysts LLC bought a new stake in Direxion Daily S&P 500 Bull 3X in the first quarter worth $43,000. Wells Fargo & Company MN bought a new stake in Direxion Daily S&P 500 Bull 3X in the second quarter worth $215,000. Brookstone Capital Management bought a new stake in Direxion Daily S&P 500 Bull 3X during the second quarter valued at about $233,000. Finally, OLD Mission Capital LLC bought a new stake in Direxion Daily S&P 500 Bull 3X during the second quarter valued at about $225,000.

About Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL)

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.

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