37,148 Shares in Direxion Daily S&P 500 Bull 3x Shares $SPXL Purchased by Gainplan LLC

Gainplan LLC acquired a new position in shares of Direxion Daily S&P 500 Bull 3x Shares (NYSEARCA:SPXL) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 37,148 shares of the company’s stock, valued at approximately $10,055,000. Direxion Daily S&P 500 Bull 3x Shares accounts for approximately 4.0% of Gainplan LLC’s portfolio, making the stock its 4th largest position.

Other large investors have also recently bought and sold shares of the company. Silverleafe Capital Partners LLC grew its position in Direxion Daily S&P 500 Bull 3x Shares by 2,955.7% during the second quarter. Silverleafe Capital Partners LLC now owns 1,742 shares of the company’s stock worth $472,000 after buying an additional 1,803 shares during the period. Parallel Advisors LLC lifted its position in shares of Direxion Daily S&P 500 Bull 3x Shares by 44.4% during the 1st quarter. Parallel Advisors LLC now owns 325 shares of the company’s stock valued at $60,000 after acquiring an additional 100 shares during the period. NewEdge Advisors LLC lifted its position in shares of Direxion Daily S&P 500 Bull 3x Shares by 54.0% during the 1st quarter. NewEdge Advisors LLC now owns 1,668 shares of the company’s stock valued at $308,000 after acquiring an additional 585 shares during the period. Optiver Holding B.V. lifted its position in shares of Direxion Daily S&P 500 Bull 3x Shares by 88.1% during the 1st quarter. Optiver Holding B.V. now owns 31,380 shares of the company’s stock valued at $5,802,000 after acquiring an additional 14,700 shares during the period. Finally, Wealth Watch Advisors INC boosted its stake in shares of Direxion Daily S&P 500 Bull 3x Shares by 89.7% during the 1st quarter. Wealth Watch Advisors INC now owns 1,973 shares of the company’s stock worth $365,000 after acquiring an additional 933 shares in the last quarter.

Direxion Daily S&P 500 Bull 3x Shares Stock Performance

Direxion Daily S&P 500 Bull 3x Shares stock opened at $292.85 on Thursday. The firm has a market capitalization of $7.34 billion, a price-to-earnings ratio of 25.10 and a beta of 3.02. Direxion Daily S&P 500 Bull 3x Shares has a fifty-two week low of $168.04 and a fifty-two week high of $300.96. The stock’s fifty day moving average is $270.32 and its two-hundred day moving average is $241.13.

Direxion Daily S&P 500 Bull 3x Shares Company Profile

Direxion Daily S&P 500 Bull 3X Shares, formerly Direxion Daily Large Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification. Most of the stocks in the Index are issued by the 500 largest companies, in terms of the aggregate market value of their outstanding stock, and generally are listed on the New York Stock Exchange.