Strategic Financial Concepts LLC Makes New Investment in Direxion Work From Home ETF (NYSEARCA:WFH)

Strategic Financial Concepts LLC purchased a new stake in Direxion Work From Home ETF (NYSEARCA:WFH) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 12,856 shares of the company’s stock, valued at approximately $826,000.

Separately, Tradition Wealth Management LLC raised its position in Direxion Work From Home ETF by 1.2% in the 3rd quarter. Tradition Wealth Management LLC now owns 96,239 shares of the company’s stock valued at $5,623,000 after buying an additional 1,146 shares during the last quarter.

Direxion Work From Home ETF Stock Up 0.5 %

NYSEARCA:WFH opened at $70.91 on Wednesday. The company has a market cap of $35.46 million, a P/E ratio of 31.88 and a beta of 1.50. Direxion Work From Home ETF has a twelve month low of $50.28 and a twelve month high of $71.38. The business has a 50 day moving average price of $67.22 and a two-hundred day moving average price of $62.02.

Direxion Work From Home ETF Company Profile

The Direxion Work From Home ETF (WFH) is an exchange-traded fund that is based on the Solactive Remote Work index. The fund tracks an equally-weighted index of global firms that provide technology that supports a more flexible work environment. Stocks are selected using a proprietary natural language processing algorithm.