Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) Shares Purchased by Flow Traders U.S. LLC

Flow Traders U.S. LLC boosted its holdings in shares of Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) by 131.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 49,987 shares of the exchange traded fund’s stock after buying an additional 28,404 shares during the quarter. Flow Traders U.S. LLC owned 0.11% of Direxion Daily FTSE China Bull 3X Shares worth $1,846,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Gateway Advisory LLC lifted its holdings in shares of Direxion Daily FTSE China Bull 3X Shares by 20.0% in the 2nd quarter. Gateway Advisory LLC now owns 18,000 shares of the exchange traded fund’s stock valued at $402,000 after buying an additional 3,000 shares during the period. Strategic Wealth Investment Group LLC acquired a new position in Direxion Daily FTSE China Bull 3X Shares in the third quarter valued at approximately $860,000. Finally, Covestor Ltd purchased a new stake in Direxion Daily FTSE China Bull 3X Shares in the 3rd quarter worth approximately $88,000.

Direxion Daily FTSE China Bull 3X Shares Price Performance

NYSEARCA:YINN opened at $27.78 on Monday. The company has a 50 day moving average price of $34.30 and a 200-day moving average price of $27.17. Direxion Daily FTSE China Bull 3X Shares has a 1-year low of $13.40 and a 1-year high of $59.26. The firm has a market cap of $1.24 billion, a price-to-earnings ratio of 4.13 and a beta of 2.93.

Direxion Daily FTSE China Bull 3X Shares Profile

Direxion Daily China Bull 3x Shares ETF (the Fund) seeks daily investment results of 300% of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation.