Farther Finance Advisors LLC Purchases Shares of 275 Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CURE)

Farther Finance Advisors LLC acquired a new position in Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CURE) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 275 shares of the company’s stock, valued at approximately $37,000.

Separately, Traynor Capital Management Inc. boosted its position in Direxion Daily Healthcare Bull 3x Shares by 0.9% during the 2nd quarter. Traynor Capital Management Inc. now owns 10,799 shares of the company’s stock valued at $1,261,000 after buying an additional 100 shares during the period.

Direxion Daily Healthcare Bull 3x Shares Trading Down 4.7 %

Shares of NYSEARCA:CURE opened at $107.90 on Friday. The company has a market cap of $183.43 million, a price-to-earnings ratio of 24.93 and a beta of 1.58. Direxion Daily Healthcare Bull 3x Shares has a 12 month low of $84.28 and a 12 month high of $143.51. The company has a 50-day moving average price of $127.48 and a 200-day moving average price of $122.98.

About Direxion Daily Healthcare Bull 3x Shares

The Direxion Daily Healthcare Bull 3X Shares (CURE) is an exchange-traded fund that is based on the Health Care Select Sector index. The fund provides 3x levered exposure to a market cap weighted sub-index of the S&P 500 that tracks the performance of US listed health care companies. CURE was launched on Jun 15, 2011 and is managed by Direxion.