SBI Securities Co. Ltd. Has $736,000 Stock Position in Direxion Daily FTSE China Bull 3X Shares $YINN

SBI Securities Co. Ltd. increased its stake in shares of Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) by 168.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,958 shares of the exchange traded fund’s stock after purchasing an additional 11,269 shares during the quarter. SBI Securities Co. Ltd. owned about 0.07% of Direxion Daily FTSE China Bull 3X Shares worth $736,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Sovereign Financial Group Inc. raised its position in shares of Direxion Daily FTSE China Bull 3X Shares by 30.0% during the second quarter. Sovereign Financial Group Inc. now owns 10,067 shares of the exchange traded fund’s stock worth $413,000 after acquiring an additional 2,322 shares during the last quarter. Rathbones Group PLC bought a new position in Direxion Daily FTSE China Bull 3X Shares in the first quarter valued at about $227,000. Kingswood Wealth Advisors LLC acquired a new stake in Direxion Daily FTSE China Bull 3X Shares in the second quarter worth about $283,000. Sassicaia Capital Advisers LLC acquired a new stake in Direxion Daily FTSE China Bull 3X Shares in the first quarter worth about $207,000. Finally, Ping Capital Management Inc. boosted its stake in shares of Direxion Daily FTSE China Bull 3X Shares by 1,040.0% in the 2nd quarter. Ping Capital Management Inc. now owns 57,000 shares of the exchange traded fund’s stock valued at $2,336,000 after purchasing an additional 52,000 shares during the last quarter.

Direxion Daily FTSE China Bull 3X Shares Price Performance

Shares of NYSEARCA:YINN opened at $50.52 on Friday. The stock has a market cap of $999.79 million, a price-to-earnings ratio of 8.49 and a beta of 0.93. The company has a 50 day moving average of $50.97 and a 200-day moving average of $44.50. Direxion Daily FTSE China Bull 3X Shares has a one year low of $21.41 and a one year high of $57.71.

Direxion Daily FTSE China Bull 3X Shares Company Profile

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.