UBS Group AG Has $2.52 Million Stock Position in Direxion Daily FTSE China Bull 3X Shares $YINN

UBS Group AG lowered its position in shares of Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) by 88.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,191 shares of the exchange traded fund’s stock after selling 433,379 shares during the quarter. UBS Group AG owned approximately 0.28% of Direxion Daily FTSE China Bull 3X Shares worth $2,521,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in YINN. JPMorgan Chase & Co. acquired a new stake in shares of Direxion Daily FTSE China Bull 3X Shares during the 2nd quarter worth about $4,128,000. Jump Financial LLC acquired a new stake in shares of Direxion Daily FTSE China Bull 3X Shares during the 3rd quarter worth about $4,255,000. Virtu Financial LLC acquired a new stake in shares of Direxion Daily FTSE China Bull 3X Shares during the 3rd quarter worth about $2,935,000. Optiver Holding B.V. acquired a new stake in shares of Direxion Daily FTSE China Bull 3X Shares during the 3rd quarter worth about $2,076,000. Finally, XTX Topco Ltd increased its position in shares of Direxion Daily FTSE China Bull 3X Shares by 277.0% during the 3rd quarter. XTX Topco Ltd now owns 20,767 shares of the exchange traded fund’s stock worth $1,127,000 after purchasing an additional 15,259 shares in the last quarter.

Direxion Daily FTSE China Bull 3X Shares Stock Up 1.8%

Shares of Direxion Daily FTSE China Bull 3X Shares stock opened at $31.36 on Wednesday. The stock has a market capitalization of $689.61 million, a P/E ratio of 8.49 and a beta of 1.07. The company has a 50-day simple moving average of $33.83 and a 200 day simple moving average of $40.37. Direxion Daily FTSE China Bull 3X Shares has a 12-month low of $29.92 and a 12-month high of $57.71.

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.