Strategic Wealth Investment Group LLC Sells 1,399 Shares of Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN)

Strategic Wealth Investment Group LLC decreased its position in shares of Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) by 6.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 21,882 shares of the exchange traded fund’s stock after selling 1,399 shares during the quarter. Strategic Wealth Investment Group LLC’s holdings in Direxion Daily FTSE China Bull 3X Shares were worth $611,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Signature Resources Capital Management LLC purchased a new position in Direxion Daily FTSE China Bull 3X Shares during the fourth quarter valued at $65,000. Covestor Ltd purchased a new stake in Direxion Daily FTSE China Bull 3X Shares in the 3rd quarter worth about $88,000. Barclays PLC raised its holdings in shares of Direxion Daily FTSE China Bull 3X Shares by 6.1% in the third quarter. Barclays PLC now owns 24,438 shares of the exchange traded fund’s stock worth $902,000 after buying an additional 1,400 shares during the period. Flow Traders U.S. LLC increased its stake in Direxion Daily FTSE China Bull 3X Shares by 131.6% in the third quarter. Flow Traders U.S. LLC now owns 49,987 shares of the exchange traded fund’s stock worth $1,846,000 after purchasing an additional 28,404 shares during the period. Finally, TB Alternative Assets Ltd. bought a new stake in Direxion Daily FTSE China Bull 3X Shares during the 4th quarter valued at about $19,162,000.

Direxion Daily FTSE China Bull 3X Shares Stock Performance

Shares of NYSEARCA YINN opened at $33.26 on Friday. Direxion Daily FTSE China Bull 3X Shares has a 52-week low of $14.11 and a 52-week high of $59.26. The firm has a market capitalization of $1.49 billion, a price-to-earnings ratio of 4.13 and a beta of 2.93. The stock has a 50 day moving average price of $28.03 and a 200 day moving average price of $27.98.

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.