1,741 Shares in Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS) Bought by Meridian Wealth Management LLC

Meridian Wealth Management LLC acquired a new position in Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,741 shares of the real estate investment trust’s stock, valued at approximately $226,000.

Other large investors have also bought and sold shares of the company. Jane Street Group LLC raised its holdings in Direxion Daily Financial Bull 3X Shares by 4.1% during the 1st quarter. Jane Street Group LLC now owns 64,730 shares of the real estate investment trust’s stock valued at $7,263,000 after acquiring an additional 2,539 shares during the period. Capital CS Group LLC purchased a new position in Direxion Daily Financial Bull 3X Shares during the 2nd quarter valued at $374,000. Rovin Capital UT ADV lifted its holdings in Direxion Daily Financial Bull 3X Shares by 4.3% in the second quarter. Rovin Capital UT ADV now owns 6,026 shares of the real estate investment trust’s stock worth $609,000 after buying an additional 248 shares during the period. Commonwealth Equity Services LLC grew its stake in Direxion Daily Financial Bull 3X Shares by 126.8% in the second quarter. Commonwealth Equity Services LLC now owns 4,111 shares of the real estate investment trust’s stock worth $415,000 after purchasing an additional 2,298 shares during the period. Finally, Strategic Financial Concepts LLC purchased a new stake in shares of Direxion Daily Financial Bull 3X Shares in the 2nd quarter worth about $44,000. 3.51% of the stock is currently owned by institutional investors.

Direxion Daily Financial Bull 3X Shares Stock Up 1.9 %

FAS opened at $178.98 on Tuesday. Direxion Daily Financial Bull 3X Shares has a 1 year low of $67.66 and a 1 year high of $181.00. The stock has a 50-day moving average price of $144.88 and a 200-day moving average price of $123.03.

About Direxion Daily Financial Bull 3X Shares

Direxion Daily Financial Bull 3x Shares seeks daily investment results of 300% of the price performance of the Russell 1000 Financial Services Index (the Index). The Index is a subset of the Russell 1000 Index that measures the performance of the securities classified in the financial services sector of the large cap United States equity market.