PPSC Investment Service Corp Acquires 22,697 Shares of Direxion Daily 20+ Year Treasury Bull 3x Shares $TMF

PPSC Investment Service Corp boosted its holdings in Direxion Daily 20+ Year Treasury Bull 3x Shares (NYSEARCA:TMF) by 8.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 292,079 shares of the company’s stock after buying an additional 22,697 shares during the period. Direxion Daily 20+ Year Treasury Bull 3x Shares accounts for approximately 0.8% of PPSC Investment Service Corp’s holdings, making the stock its 7th largest holding. PPSC Investment Service Corp owned approximately 0.38% of Direxion Daily 20+ Year Treasury Bull 3x Shares worth $10,532,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Royal Bank of Canada lifted its stake in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares by 5.4% in the 1st quarter. Royal Bank of Canada now owns 24,602 shares of the company’s stock valued at $1,082,000 after purchasing an additional 1,265 shares in the last quarter. NewEdge Advisors LLC acquired a new position in Direxion Daily 20+ Year Treasury Bull 3x Shares during the first quarter valued at approximately $301,000. Goldman Sachs Group Inc. purchased a new stake in Direxion Daily 20+ Year Treasury Bull 3x Shares during the first quarter worth approximately $1,356,000. Marshall Wace LLP purchased a new stake in Direxion Daily 20+ Year Treasury Bull 3x Shares during the second quarter worth approximately $2,786,000. Finally, Flow Traders U.S. LLC acquired a new stake in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares in the second quarter worth $412,000.

Direxion Daily 20+ Year Treasury Bull 3x Shares Stock Performance

Shares of TMF opened at $36.75 on Tuesday. The stock’s 50-day moving average is $35.04 and its two-hundred day moving average is $36.90. Direxion Daily 20+ Year Treasury Bull 3x Shares has a 12 month low of $31.58 and a 12 month high of $44.24.

Direxion Daily 20+ Year Treasury Bull 3x Shares Company Profile

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.