Capital Investment Counsel Inc Sells 10,570 Shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF)

Capital Investment Counsel Inc lessened its holdings in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) by 36.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,700 shares of the company’s stock after selling 10,570 shares during the quarter. Capital Investment Counsel Inc’s holdings in Direxion Daily 20 Year Plus Treasury Bull 3x Shares were worth $1,080,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. BNP Paribas Financial Markets bought a new position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the first quarter valued at approximately $979,000. LifeGuide Financial Advisors LLC bought a new position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the second quarter valued at approximately $1,172,000. Turim 21 Investimentos Ltda. boosted its position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 415.0% in the second quarter. Turim 21 Investimentos Ltda. now owns 1,849 shares of the company’s stock valued at $90,000 after acquiring an additional 1,490 shares during the period. Signet Financial Management LLC boosted its position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 3.8% in the first quarter. Signet Financial Management LLC now owns 10,311 shares of the company’s stock valued at $562,000 after acquiring an additional 380 shares during the period. Finally, Verus Capital Partners LLC bought a new position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the second quarter valued at approximately $222,000.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Stock Performance

TMF stock opened at $47.66 on Thursday. The firm has a 50 day moving average of $57.01 and a 200-day moving average of $52.27. Direxion Daily 20 Year Plus Treasury Bull 3x Shares has a 12 month low of $39.20 and a 12 month high of $67.87.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Company Profile

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (the Fund), formerly Direxion Daily 30-Year Treasury Bull 3X Shares, seeks daily investment results of 300% of the price performance of the NYSE 20 Year Plus Treasury Bond Index (the Index). The Index is a multiple-security fixed income index that aims to track the total returns of the long-term 20-year and greater maturity range of the United States Treasury bond market.