Viewpoint Capital Management LLC Buys 14,780 Shares of Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN)

Viewpoint Capital Management LLC grew its stake in shares of Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) by 218.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 21,560 shares of the exchange traded fund’s stock after acquiring an additional 14,780 shares during the period. Viewpoint Capital Management LLC’s holdings in Direxion Daily FTSE China Bull 3X Shares were worth $424,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Tower Research Capital LLC TRC grew its position in Direxion Daily FTSE China Bull 3X Shares by 159.4% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,724 shares of the exchange traded fund’s stock valued at $57,000 after acquiring an additional 1,674 shares during the last quarter. Parallel Advisors LLC increased its position in Direxion Daily FTSE China Bull 3X Shares by 34.8% during the 4th quarter. Parallel Advisors LLC now owns 6,250 shares of the exchange traded fund’s stock worth $131,000 after purchasing an additional 1,615 shares in the last quarter. Sanders Morris Harris LLC bought a new position in Direxion Daily FTSE China Bull 3X Shares in the 1st quarter valued at approximately $1,073,000. Aveo Capital Partners LLC acquired a new stake in Direxion Daily FTSE China Bull 3X Shares in the fourth quarter valued at approximately $1,132,000. Finally, IMC Chicago LLC grew its stake in shares of Direxion Daily FTSE China Bull 3X Shares by 328.0% during the fourth quarter. IMC Chicago LLC now owns 68,647 shares of the exchange traded fund’s stock worth $1,437,000 after buying an additional 52,609 shares during the last quarter.

Direxion Daily FTSE China Bull 3X Shares Stock Performance

Shares of Direxion Daily FTSE China Bull 3X Shares stock traded up $0.13 on Friday, hitting $22.36. The stock had a trading volume of 2,730,507 shares, compared to its average volume of 6,084,938. The stock has a 50 day moving average of $25.59 and a 200 day moving average of $20.80. Direxion Daily FTSE China Bull 3X Shares has a twelve month low of $13.40 and a twelve month high of $46.87. The firm has a market capitalization of $1.00 billion, a P/E ratio of 4.13 and a beta of 2.93.

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.