SBI Securities Co. Ltd. Acquires Shares of 145,537 Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL)

SBI Securities Co. Ltd. bought a new position in Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 145,537 shares of the company’s stock, valued at approximately $24,552,000. Direxion Daily S&P 500 Bull 3X comprises about 0.8% of SBI Securities Co. Ltd.’s investment portfolio, making the stock its 22nd biggest holding. SBI Securities Co. Ltd. owned about 0.46% of Direxion Daily S&P 500 Bull 3X at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in SPXL. Wealth Enhancement Advisory Services LLC purchased a new stake in Direxion Daily S&P 500 Bull 3X during the third quarter valued at $643,000. HighTower Advisors LLC raised its position in shares of Direxion Daily S&P 500 Bull 3X by 1.3% during the 3rd quarter. HighTower Advisors LLC now owns 5,722 shares of the company’s stock valued at $939,000 after buying an additional 76 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Direxion Daily S&P 500 Bull 3X by 49.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 16,220 shares of the company’s stock valued at $2,659,000 after acquiring an additional 5,399 shares during the last quarter. Private Advisor Group LLC grew its position in Direxion Daily S&P 500 Bull 3X by 5.5% in the third quarter. Private Advisor Group LLC now owns 1,447 shares of the company’s stock worth $237,000 after acquiring an additional 75 shares in the last quarter. Finally, Empowered Funds LLC bought a new stake in Direxion Daily S&P 500 Bull 3X during the fourth quarter worth approximately $749,000.

Direxion Daily S&P 500 Bull 3X Price Performance

NYSEARCA:SPXL opened at $170.87 on Friday. The firm has a market capitalization of $5.13 billion, a price-to-earnings ratio of 25.69 and a beta of 3.10. The business has a 50 day simple moving average of $177.37 and a 200-day simple moving average of $170.16. Direxion Daily S&P 500 Bull 3X has a 1 year low of $111.54 and a 1 year high of $190.34.

Direxion Daily S&P 500 Bull 3X Company Profile

Direxion Daily S&P 500 Bull 3X Shares, formerly Direxion Daily Large Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification.