Toth Financial Advisory Corp lifted its stake in shares of Direxion Daily Regional Banks Bull 3x Shares (NYSEARCA:DPST – Free Report) by 40.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,723 shares of the company’s stock after buying an additional 3,676 shares during the quarter. Toth Financial Advisory Corp owned approximately 0.13% of Direxion Daily Regional Banks Bull 3x Shares worth $1,398,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also made changes to their positions in DPST. Orion Portfolio Solutions LLC bought a new position in Direxion Daily Regional Banks Bull 3x Shares during the 3rd quarter valued at $349,000. Verus Capital Partners LLC bought a new position in shares of Direxion Daily Regional Banks Bull 3x Shares during the third quarter worth about $252,000. Finally, Safe Harbor Fiduciary LLC bought a new position in shares of Direxion Daily Regional Banks Bull 3x Shares during the third quarter worth about $48,000.
Direxion Daily Regional Banks Bull 3x Shares Stock Up 2.2 %
Shares of Direxion Daily Regional Banks Bull 3x Shares stock opened at $124.21 on Friday. The business has a 50-day moving average price of $128.39 and a 200 day moving average price of $111.21. Direxion Daily Regional Banks Bull 3x Shares has a fifty-two week low of $56.46 and a fifty-two week high of $174.22. The firm has a market cap of $1.23 billion, a P/E ratio of 105.26 and a beta of 3.98.
Direxion Daily Regional Banks Bull 3x Shares Profile
The Direxion Daily Regional Banks Bull 3X Shares (DPST) is an exchange-traded fund that is based on the S&P Regional Banks Select Industry index. The fund provides 3x leveraged exposure to an equally-weighted index of US regional banking stocks. DPST was launched on Aug 19, 2015 and is managed by Direxion.
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