EverSource Wealth Advisors LLC Invests $644,000 in Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN)

EverSource Wealth Advisors LLC bought a new stake in Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 23,054 shares of the exchange traded fund’s stock, valued at approximately $644,000. EverSource Wealth Advisors LLC owned 0.05% of Direxion Daily FTSE China Bull 3X Shares as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Shengqi Capital Hong Kong Ltd purchased a new stake in Direxion Daily FTSE China Bull 3X Shares in the fourth quarter valued at approximately $5,681,000. SBI Securities Co. Ltd. purchased a new stake in Direxion Daily FTSE China Bull 3X Shares in the fourth quarter valued at approximately $459,000. Viewpoint Capital Management LLC grew its holdings in Direxion Daily FTSE China Bull 3X Shares by 50.8% in the fourth quarter. Viewpoint Capital Management LLC now owns 20,780 shares of the exchange traded fund’s stock valued at $581,000 after purchasing an additional 7,000 shares during the period. IMC Chicago LLC purchased a new stake in Direxion Daily FTSE China Bull 3X Shares in the fourth quarter valued at approximately $15,845,000. Finally, Signature Resources Capital Management LLC purchased a new stake in Direxion Daily FTSE China Bull 3X Shares in the fourth quarter valued at approximately $65,000.

Direxion Daily FTSE China Bull 3X Shares Stock Performance

Direxion Daily FTSE China Bull 3X Shares stock opened at $45.15 on Friday. Direxion Daily FTSE China Bull 3X Shares has a 1 year low of $17.81 and a 1 year high of $59.26. The firm has a 50 day moving average price of $34.93 and a 200 day moving average price of $31.89. The company has a market cap of $2.06 billion, a price-to-earnings ratio of 12.60 and a beta of 1.06.

About Direxion Daily FTSE China Bull 3X Shares

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.