GFG Capital LLC Decreases Stock Position in Direxion Daily Aerospace & Defense Bull 3X Shares (NYSEARCA:DFEN)

GFG Capital LLC lowered its stake in Direxion Daily Aerospace & Defense Bull 3X Shares (NYSEARCA:DFEN) by 56.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,662 shares of the company’s stock after selling 12,607 shares during the period. GFG Capital LLC owned approximately 0.15% of Direxion Daily Aerospace & Defense Bull 3X Shares worth $266,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of DFEN. Safe Harbor Fiduciary LLC bought a new stake in shares of Direxion Daily Aerospace & Defense Bull 3X Shares in the third quarter worth about $100,000. JPMorgan Chase & Co. grew its stake in shares of Direxion Daily Aerospace & Defense Bull 3X Shares by 34.7% in the third quarter. JPMorgan Chase & Co. now owns 3,988 shares of the company’s stock worth $142,000 after purchasing an additional 1,027 shares during the last quarter. Edge Financial Advisors LLC bought a new stake in shares of Direxion Daily Aerospace & Defense Bull 3X Shares in the third quarter worth about $223,000. TRUE Private Wealth Advisors bought a new stake in shares of Direxion Daily Aerospace & Defense Bull 3X Shares in the third quarter worth about $229,000. Finally, Virtu Financial LLC bought a new stake in shares of Direxion Daily Aerospace & Defense Bull 3X Shares in the third quarter worth about $299,000.

Direxion Daily Aerospace & Defense Bull 3X Shares Price Performance

NYSEARCA DFEN opened at $32.72 on Friday. The stock has a market capitalization of $204.50 million, a PE ratio of 32.99 and a beta of 1.84. Direxion Daily Aerospace & Defense Bull 3X Shares has a 1 year low of $22.78 and a 1 year high of $40.74. The business’s 50-day moving average is $30.91 and its 200 day moving average is $33.09.

About Direxion Daily Aerospace & Defense Bull 3X Shares

The Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) is an exchange-traded fund that is based on the DJ US Select \u002F Aerospace & Defense index. The fund provides 3x leveraged exposure to a market-cap- weighted index of US aerospace and defense companies. DFEN was launched on May 3, 2017 and is managed by Direxion.