Jump Financial LLC Grows Stake in Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN)

Jump Financial LLC lifted its stake in Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) by 698.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 238,375 shares of the exchange traded fund’s stock after purchasing an additional 208,503 shares during the quarter. Jump Financial LLC owned 0.53% of Direxion Daily FTSE China Bull 3X Shares worth $6,660,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Bank of Montreal Can purchased a new position in shares of Direxion Daily FTSE China Bull 3X Shares in the fourth quarter worth $40,000. Signature Resources Capital Management LLC purchased a new position in Direxion Daily FTSE China Bull 3X Shares in the 4th quarter worth about $65,000. Virtu Financial LLC purchased a new position in Direxion Daily FTSE China Bull 3X Shares in the 4th quarter worth about $422,000. SBI Securities Co. Ltd. bought a new position in Direxion Daily FTSE China Bull 3X Shares during the 4th quarter valued at about $459,000. Finally, Viewpoint Capital Management LLC boosted its holdings in shares of Direxion Daily FTSE China Bull 3X Shares by 50.8% during the 4th quarter. Viewpoint Capital Management LLC now owns 20,780 shares of the exchange traded fund’s stock valued at $581,000 after acquiring an additional 7,000 shares during the last quarter.

Direxion Daily FTSE China Bull 3X Shares Stock Down 1.5 %

YINN opened at $30.66 on Wednesday. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of 9.13 and a beta of 0.88. The firm has a 50 day moving average price of $39.74 and a 200-day moving average price of $34.31. Direxion Daily FTSE China Bull 3X Shares has a twelve month low of $17.81 and a twelve month high of $59.26.

Direxion Daily FTSE China Bull 3X Shares Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were issued a dividend of $0.1149 per share. This is a boost from Direxion Daily FTSE China Bull 3X Shares’s previous dividend of $0.03. The ex-dividend date of this dividend was Tuesday, March 25th.

Direxion Daily FTSE China Bull 3X Shares Company Profile

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.