Morse Asset Management Inc Boosts Holdings in Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF)

Morse Asset Management Inc grew its holdings in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) by 12,400.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 2,500 shares of the company’s stock after purchasing an additional 2,480 shares during the period. Morse Asset Management Inc’s holdings in Direxion Daily 20 Year Plus Treasury Bull 3x Shares were worth $100,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. IMG Wealth Management Inc. purchased a new position in Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the fourth quarter worth about $25,000. PayPay Securities Corp raised its stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 930.0% during the fourth quarter. PayPay Securities Corp now owns 618 shares of the company’s stock worth $25,000 after purchasing an additional 558 shares during the period. Farther Finance Advisors LLC purchased a new stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the fourth quarter worth $43,000. Tower Research Capital LLC TRC boosted its holdings in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 201.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,014 shares of the company’s stock valued at $120,000 after buying an additional 2,015 shares in the last quarter. Finally, Arkadios Wealth Advisors purchased a new stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the 4th quarter valued at approximately $208,000.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Trading Down 1.4%

Direxion Daily 20 Year Plus Treasury Bull 3x Shares stock opened at $36.91 on Wednesday. Direxion Daily 20 Year Plus Treasury Bull 3x Shares has a 52 week low of $35.87 and a 52 week high of $64.98. The firm’s 50-day simple moving average is $41.40 and its 200 day simple moving average is $42.76.

About Direxion Daily 20 Year Plus Treasury Bull 3x Shares

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (the Fund), formerly Direxion Daily 30-Year Treasury Bull 3X Shares, seeks daily investment results of 300% of the price performance of the NYSE 20 Year Plus Treasury Bond Index (the Index). The Index is a multiple-security fixed income index that aims to track the total returns of the long-term 20-year and greater maturity range of the United States Treasury bond market.