IMC Chicago LLC purchased a new position in Direxion Daily 20+ Year Treasury Bull 3x Shares (NYSEARCA:TMF – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 38,528 shares of the company’s stock, valued at approximately $1,438,000.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Pilgrim Partners Asia Pte Ltd bought a new position in Direxion Daily 20+ Year Treasury Bull 3x Shares in the third quarter worth approximately $145,000. Morse Asset Management Inc bought a new position in Direxion Daily 20+ Year Treasury Bull 3x Shares in the third quarter worth approximately $161,000. NewEdge Advisors LLC bought a new position in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares in the first quarter valued at approximately $301,000. X Square Capital LLC bought a new position in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares in the third quarter valued at approximately $281,000. Finally, FNY Investment Advisers LLC bought a new position in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares in the fourth quarter valued at approximately $276,000.
Direxion Daily 20+ Year Treasury Bull 3x Shares Stock Performance
TMF stock opened at $35.13 on Monday. Direxion Daily 20+ Year Treasury Bull 3x Shares has a twelve month low of $33.51 and a twelve month high of $44.24. The stock’s 50 day moving average is $37.26 and its 200-day moving average is $38.71.
About Direxion Daily 20+ Year 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. The Index constituent bonds are weighted by their relative amounts outstanding.
Further Reading
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