Summit Trail Advisors LLC acquired a new position in shares of Daily Dow Jones Internet Bull 3X Shares (NYSEARCA:WEBL – Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 12,000 shares of the company’s stock, valued at approximately $322,000. Summit Trail Advisors LLC owned approximately 0.13% of Daily Dow Jones Internet Bull 3X Shares as of its most recent filing with the Securities and Exchange Commission.
Separately, Chicago Partners Investment Group LLC acquired a new position in shares of Daily Dow Jones Internet Bull 3X Shares in the 4th quarter valued at about $696,000.
Daily Dow Jones Internet Bull 3X Shares Price Performance
NYSEARCA WEBL opened at $33.18 on Thursday. The firm has a market capitalization of $311.89 million, a price-to-earnings ratio of 59.87 and a beta of 4.35. The company has a 50 day simple moving average of $29.92 and a 200-day simple moving average of $23.00. Daily Dow Jones Internet Bull 3X Shares has a 52-week low of $11.18 and a 52-week high of $34.42.
About Daily Dow Jones Internet Bull 3X Shares
The Direxion Daily Dow Jones Internet Bull 3X Shares (WEBL) is an exchange-traded fund that is based on the DJ Internet Composite index. The fund provides 3x leveraged daily exposure to a market-cap-weighted index of the largest and most liquid U.S. Internet companies. WEBL was launched on Nov 7, 2019 and is managed by Direxion.
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