Hollencrest Capital Management Purchases Shares of 1,980 Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF)

Hollencrest Capital Management acquired a new position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,980 shares of the company’s stock, valued at approximately $96,000.

A number of other hedge funds have also modified their holdings of TMF. BNP Paribas Financial Markets acquired a new position in Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the 1st quarter valued at about $979,000. Capital Investment Counsel Inc lifted its stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 2,014.0% during the first quarter. Capital Investment Counsel Inc now owns 10,570 shares of the company’s stock valued at $576,000 after buying an additional 10,070 shares during the period. Cantor Fitzgerald L. P. acquired a new stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the fourth quarter worth approximately $1,053,000. LifeGuide Financial Advisors LLC purchased a new stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the 2nd quarter worth approximately $1,172,000. Finally, Signet Financial Management LLC grew its stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 3.8% in the 1st quarter. Signet Financial Management LLC now owns 10,311 shares of the company’s stock worth $562,000 after acquiring an additional 380 shares during the period.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Price Performance

Shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares stock opened at $59.80 on Friday. Direxion Daily 20 Year Plus Treasury Bull 3x Shares has a fifty-two week low of $38.30 and a fifty-two week high of $67.87. The business’s fifty day moving average is $56.83 and its two-hundred day moving average is $52.27.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares 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.