GFG Capital LLC Decreases Stock Holdings in Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST)

GFG Capital LLC trimmed its stake in shares of Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST) by 1.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,891 shares of the company’s stock after selling 265 shares during the period. GFG Capital LLC owned approximately 0.17% of Direxion Daily Regional Banks Bull 3x Shares worth $1,855,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in DPST. Safe Harbor Fiduciary LLC purchased a new stake in Direxion Daily Regional Banks Bull 3x Shares during the third quarter valued at approximately $48,000. Verus Capital Partners LLC purchased a new stake in Direxion Daily Regional Banks Bull 3x Shares during the third quarter valued at approximately $252,000. Orion Portfolio Solutions LLC purchased a new stake in Direxion Daily Regional Banks Bull 3x Shares during the third quarter valued at approximately $349,000. KG&L Capital Management LLC purchased a new stake in Direxion Daily Regional Banks Bull 3x Shares during the fourth quarter valued at approximately $936,000. Finally, Toth Financial Advisory Corp increased its holdings in Direxion Daily Regional Banks Bull 3x Shares by 24.9% during the third quarter. Toth Financial Advisory Corp now owns 9,047 shares of the company’s stock valued at $900,000 after buying an additional 1,801 shares during the last quarter.

Direxion Daily Regional Banks Bull 3x Shares Trading Up 1.2 %

Shares of DPST stock opened at $124.77 on Friday. Direxion Daily Regional Banks Bull 3x Shares has a 12 month low of $56.46 and a 12 month high of $174.22. The stock has a market cap of $1.24 billion, a P/E ratio of 105.26 and a beta of 3.98. The company has a 50 day simple moving average of $121.88 and a two-hundred day simple moving average of $114.54.

About Direxion Daily Regional Banks Bull 3x Shares

The Direxion Daily Regional Banks Bull 3X Shares (DPST) is an exchange-traded fund that is based on the S&P Regional Banks Select Industry index. The fund provides 3x leveraged exposure to an equally-weighted index of US regional banking stocks. DPST was launched on Aug 19, 2015 and is managed by Direxion.