Bouchey Financial Group Ltd Invests $227,000 in Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL)

Bouchey Financial Group Ltd acquired a new position in shares of Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,344 shares of the company’s stock, valued at approximately $227,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SPXL. IFP Advisors Inc purchased a new stake in Direxion Daily S&P 500 Bull 3X in the 4th quarter worth approximately $67,000. PayPay Securities Corp grew its stake in Direxion Daily S&P 500 Bull 3X by 55.4% in the 4th quarter. PayPay Securities Corp now owns 564 shares of the company’s stock worth $95,000 after acquiring an additional 201 shares during the period. Larson Financial Group LLC grew its stake in Direxion Daily S&P 500 Bull 3X by 358.7% in the 3rd quarter. Larson Financial Group LLC now owns 1,188 shares of the company’s stock worth $195,000 after acquiring an additional 929 shares during the period. Wealth Alliance Advisory Group LLC purchased a new stake in Direxion Daily S&P 500 Bull 3X in the 4th quarter worth approximately $203,000. Finally, Trinity Legacy Partners LLC purchased a new stake in Direxion Daily S&P 500 Bull 3X in the 3rd quarter worth approximately $223,000.

Direxion Daily S&P 500 Bull 3X Stock Performance

SPXL stock opened at $163.55 on Friday. The stock has a market capitalization of $4.91 billion, a P/E ratio of 25.69 and a beta of 3.10. Direxion Daily S&P 500 Bull 3X has a one year low of $111.54 and a one year high of $190.34. The company has a 50 day moving average price of $177.43 and a two-hundred day moving average price of $169.69.

Direxion Daily S&P 500 Bull 3X 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.