Oxinas Partners Wealth Management LLC Has $5.15 Million Stake in Direxion Daily Technology Bull 3X Shares $TECL

Oxinas Partners Wealth Management LLC lifted its position in Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) by 85.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 55,034 shares of the exchange traded fund’s stock after purchasing an additional 25,435 shares during the period. Direxion Daily Technology Bull 3X Shares accounts for about 2.6% of Oxinas Partners Wealth Management LLC’s investment portfolio, making the stock its 9th biggest position. Oxinas Partners Wealth Management LLC’s holdings in Direxion Daily Technology Bull 3X Shares were worth $5,150,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of TECL. Headlands Technologies LLC bought a new stake in Direxion Daily Technology Bull 3X Shares during the 1st quarter valued at $35,000. Park Square Financial Group LLC purchased a new position in shares of Direxion Daily Technology Bull 3X Shares during the fourth quarter valued at $41,000. Creative Financial Designs Inc. ADV purchased a new position in shares of Direxion Daily Technology Bull 3X Shares during the first quarter valued at $45,000. Main Street Group LTD raised its holdings in shares of Direxion Daily Technology Bull 3X Shares by 101.9% in the second quarter. Main Street Group LTD now owns 2,562 shares of the exchange traded fund’s stock valued at $240,000 after acquiring an additional 1,293 shares in the last quarter. Finally, Bulltick Wealth Management LLC purchased a new stake in Direxion Daily Technology Bull 3X Shares in the first quarter worth about $241,000.

Direxion Daily Technology Bull 3X Shares Price Performance

Shares of Direxion Daily Technology Bull 3X Shares stock opened at $120.27 on Thursday. The stock has a market cap of $4.31 billion, a price-to-earnings ratio of 36.87 and a beta of 3.54. The firm’s 50-day moving average is $105.56 and its two-hundred day moving average is $81.63. Direxion Daily Technology Bull 3X Shares has a 1 year low of $32.52 and a 1 year high of $125.88.

Direxion Daily Technology Bull 3X Shares Company Profile

The Direxion Daily Technology Bull 3X Shares (TECL) is an exchange-traded fund that is based on the Technology Select Sector index. The fund provides 3x leveraged exposure to a market-cap weighted index of US large-cap technology companies. TECL was launched on Dec 17, 2008 and is managed by Direxion.