Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) Shares Sold by Garden State Investment Advisory Services LLC

Garden State Investment Advisory Services LLC lowered its stake in Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) by 60.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,969 shares of the exchange traded fund’s stock after selling 16,519 shares during the quarter. Garden State Investment Advisory Services LLC’s holdings in Direxion Daily FTSE China Bull 3X Shares were worth $247,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Direxion Daily FTSE China Bull 3X Shares during the 2nd quarter worth approximately $277,000. Quadrature Capital Ltd purchased a new position in shares of Direxion Daily FTSE China Bull 3X Shares during the first quarter worth $281,000. Covestor Ltd acquired a new stake in shares of Direxion Daily FTSE China Bull 3X Shares in the first quarter valued at $33,000. Chilton Capital Management LLC purchased a new stake in shares of Direxion Daily FTSE China Bull 3X Shares in the 1st quarter valued at $56,000. Finally, Viewpoint Capital Management LLC lifted its stake in Direxion Daily FTSE China Bull 3X Shares by 218.0% during the 1st quarter. Viewpoint Capital Management LLC now owns 21,560 shares of the exchange traded fund’s stock worth $424,000 after acquiring an additional 14,780 shares in the last quarter.

Direxion Daily FTSE China Bull 3X Shares Price Performance

Shares of Direxion Daily FTSE China Bull 3X Shares stock opened at $24.06 on Friday. The stock has a market capitalization of $1.08 billion, a price-to-earnings ratio of 4.13 and a beta of 2.93. The business has a 50-day moving average of $21.50 and a 200 day moving average of $22.51. Direxion Daily FTSE China Bull 3X Shares has a 12 month low of $13.40 and a 12 month high of $33.69.

About Direxion Daily FTSE China Bull 3X Shares

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.