Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) Shares Gap Down – Should You Sell?

Shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) gapped down before the market opened on Monday . The stock had previously closed at $46.58, but opened at $45.50. Direxion Daily 20 Year Plus Treasury Bull 3x Shares shares last traded at $46.58, with a volume of 1,589,826 shares trading hands.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Trading Up 1.4 %

The firm’s fifty day moving average is $40.72 and its 200 day moving average is $48.26.

Institutional Investors Weigh In On Direxion Daily 20 Year Plus Treasury Bull 3x Shares

Several large investors have recently made changes to their positions in TMF. GTS Securities LLC raised its holdings in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 31.3% during the fourth quarter. GTS Securities LLC now owns 99,841 shares of the company’s stock valued at $3,991,000 after buying an additional 23,809 shares in the last quarter. Tidal Investments LLC bought a new position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the 4th quarter valued at approximately $5,215,000. Morse Asset Management Inc raised its position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 12,400.0% in the fourth quarter. Morse Asset Management Inc now owns 2,500 shares of the company’s stock valued at $100,000 after purchasing an additional 2,480 shares during the period. IHT Wealth Management LLC lifted its stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 157.0% in the fourth quarter. IHT Wealth Management LLC now owns 25,700 shares of the company’s stock worth $1,027,000 after buying an additional 15,700 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its holdings in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 201.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 3,014 shares of the company’s stock worth $120,000 after buying an additional 2,015 shares during the period.

Direxion Daily 20 Year Plus 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.