Millennium Capital Advisors LLC Acquires New Shares in Direxion Daily Regional Banks Bull 3x Shares $DPST

Millennium Capital Advisors LLC acquired a new stake in Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 5,531 shares of the company’s stock, valued at approximately $559,000. Millennium Capital Advisors LLC owned about 0.11% of Direxion Daily Regional Banks Bull 3x Shares at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in DPST. Orion Porfolio Solutions LLC increased its holdings in Direxion Daily Regional Banks Bull 3x Shares by 48.0% in the second quarter. Orion Porfolio Solutions LLC now owns 4,253 shares of the company’s stock valued at $369,000 after purchasing an additional 1,379 shares during the last quarter. Tower Research Capital LLC TRC grew its stake in Direxion Daily Regional Banks Bull 3x Shares by 18.0% in the second quarter. Tower Research Capital LLC TRC now owns 29,272 shares of the company’s stock valued at $2,541,000 after acquiring an additional 4,463 shares during the period. Stephens Inc. AR acquired a new position in Direxion Daily Regional Banks Bull 3x Shares in the third quarter valued at about $210,000. IMC Chicago LLC grew its stake in Direxion Daily Regional Banks Bull 3x Shares by 329.1% in the third quarter. IMC Chicago LLC now owns 60,257 shares of the company’s stock valued at $6,029,000 after acquiring an additional 46,213 shares during the period. Finally, Great Hill Capital LLC acquired a new position in Direxion Daily Regional Banks Bull 3x Shares in the third quarter valued at about $307,000.

Direxion Daily Regional Banks Bull 3x Shares Trading Down 3.7%

NYSEARCA:DPST opened at $102.31 on Friday. Direxion Daily Regional Banks Bull 3x Shares has a 1 year low of $70.64 and a 1 year high of $146.09. The stock has a market cap of $431.75 million, a price-to-earnings ratio of 10.48 and a beta of 2.59. The stock has a 50-day moving average price of $104.71 and a two-hundred day moving average price of $106.28.

Direxion Daily Regional Banks Bull 3x Shares Profile

The Direxion Daily Regional Banks Bull 3X Shares (DPST) is an exchange-traded fund that is based on the S&P Regional Banks Select Industry index. The fund provides 3x leveraged exposure to an equally-weighted index of US regional banking stocks. DPST was launched on Aug 19, 2015 and is managed by Direxion.