Tidal Investments LLC lifted its holdings in Direxion Daily MSCI Emerging Markets Bull 3X Shares (NYSEARCA:EDC – Free Report) by 27.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 255,970 shares of the company’s stock after purchasing an additional 54,690 shares during the quarter. Tidal Investments LLC owned 0.10% of Direxion Daily MSCI Emerging Markets Bull 3X Shares worth $7,364,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds have also recently modified their holdings of the business. SBI Securities Co. Ltd. purchased a new stake in Direxion Daily MSCI Emerging Markets Bull 3X Shares during the fourth quarter valued at $163,000. Strategic Wealth Investment Group LLC purchased a new stake in Direxion Daily MSCI Emerging Markets Bull 3X Shares during the fourth quarter valued at $262,000. Finally, EverSource Wealth Advisors LLC purchased a new stake in Direxion Daily MSCI Emerging Markets Bull 3X Shares during the fourth quarter valued at $326,000.
Direxion Daily MSCI Emerging Markets Bull 3X Shares Stock Performance
Direxion Daily MSCI Emerging Markets Bull 3X Shares stock opened at $34.73 on Tuesday. The stock has a market cap of $72.24 million, a PE ratio of 14.42 and a beta of 1.88. Direxion Daily MSCI Emerging Markets Bull 3X Shares has a one year low of $20.13 and a one year high of $41.94. The stock has a fifty day moving average of $29.83 and a 200 day moving average of $30.69.
Direxion Daily MSCI Emerging Markets Bull 3X Shares Profile
The Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund provides 3x leveraged exposure to a market-cap-weighted index of companies operating in emerging markets. EDC was launched on Dec 17, 2008 and is managed by Direxion.
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