Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) Stock Holdings Decreased by Creative Planning

Creative Planning reduced its position in Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) by 3.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,286 shares of the company’s stock after selling 237 shares during the period. Creative Planning’s holdings in Direxion Daily S&P 500 Bull 3X were worth $1,031,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in SPXL. Commonwealth Equity Services LLC increased its position in shares of Direxion Daily S&P 500 Bull 3X by 34.1% in the first quarter. Commonwealth Equity Services LLC now owns 10,733 shares of the company’s stock worth $1,439,000 after acquiring an additional 2,730 shares in the last quarter. Westwood Wealth Management grew its position in Direxion Daily S&P 500 Bull 3X by 14.1% during the first quarter. Westwood Wealth Management now owns 33,950 shares of the company’s stock valued at $4,550,000 after purchasing an additional 4,200 shares in the last quarter. Hollencrest Capital Management grew its position in Direxion Daily S&P 500 Bull 3X by 5.8% during the first quarter. Hollencrest Capital Management now owns 51,603 shares of the company’s stock valued at $6,916,000 after purchasing an additional 2,819 shares in the last quarter. VitalStone Financial LLC grew its position in Direxion Daily S&P 500 Bull 3X by 66.4% during the first quarter. VitalStone Financial LLC now owns 1,276 shares of the company’s stock valued at $171,000 after purchasing an additional 509 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new position in Direxion Daily S&P 500 Bull 3X during the first quarter valued at approximately $1,976,000.

Direxion Daily S&P 500 Bull 3X Stock Performance

Shares of SPXL opened at $157.33 on Friday. The company’s 50 day moving average price is $159.06 and its 200 day moving average price is $145.55. Direxion Daily S&P 500 Bull 3X has a 52 week low of $70.03 and a 52 week high of $173.32. The company has a market capitalization of $5.01 billion, a PE ratio of 33.36 and a beta of 2.99.

Direxion Daily S&P 500 Bull 3X Profile

Direxion Daily S&P 500 Bull 3X Shares, formerly Direxion Daily Large Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification.