Renaissance Technologies LLC bought a new position in shares of Direxion Daily Aerospace & Defense Bull 3X Shares (NYSEARCA:DFEN – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 16,000 shares of the company’s stock, valued at approximately $413,000. Renaissance Technologies LLC owned 0.26% of Direxion Daily Aerospace & Defense Bull 3X Shares at the end of the most recent quarter.
Other institutional investors have also made changes to their positions in the company. Virtu Financial LLC bought a new stake in Direxion Daily Aerospace & Defense Bull 3X Shares in the 4th quarter valued at about $332,000. Verus Capital Partners LLC bought a new stake in shares of Direxion Daily Aerospace & Defense Bull 3X Shares in the second quarter valued at approximately $348,000. Finally, Traynor Capital Management Inc. grew its position in Direxion Daily Aerospace & Defense Bull 3X Shares by 1.8% during the second quarter. Traynor Capital Management Inc. now owns 348,257 shares of the company’s stock worth $8,995,000 after buying an additional 6,256 shares in the last quarter.
Direxion Daily Aerospace & Defense Bull 3X Shares Stock Performance
Shares of NYSEARCA DFEN opened at $35.96 on Friday. Direxion Daily Aerospace & Defense Bull 3X Shares has a 52 week low of $14.93 and a 52 week high of $37.54. The stock’s fifty day moving average is $32.72 and its 200 day moving average is $28.96. The stock has a market capitalization of $224.75 million, a P/E ratio of 32.99 and a beta of 1.84.
Direxion Daily Aerospace & Defense Bull 3X Shares Company Profile
The Direxion Daily Aerospace & Defense Bull 3X Shares (DFEN) is an exchange-traded fund that is based on the DJ US Select \u002F Aerospace & Defense index. The fund provides 3x leveraged exposure to a market-cap- weighted index of US aerospace and defense companies. DFEN was launched on May 3, 2017 and is managed by Direxion.
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