HighTower Advisors LLC Invests $209,000 in Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF)

HighTower Advisors LLC bought a new stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 3,614 shares of the company’s stock, valued at approximately $209,000.

A number of other institutional investors and hedge funds have also bought and sold shares of TMF. Turim 21 Investimentos Ltda. boosted its stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 415.0% in the second quarter. Turim 21 Investimentos Ltda. now owns 1,849 shares of the company’s stock worth $90,000 after buying an additional 1,490 shares in the last quarter. Hollencrest Capital Management purchased a new position in Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the 2nd quarter worth $96,000. Verus Capital Partners LLC purchased a new stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the second quarter valued at about $222,000. Sanctuary Advisors LLC purchased a new stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the second quarter valued at about $342,000. Finally, X Square Capital LLC increased its holdings in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 39.5% in the third quarter. X Square Capital LLC now owns 6,000 shares of the company’s stock worth $347,000 after buying an additional 1,700 shares during the period.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Stock Up 1.1 %

Shares of NYSEARCA:TMF opened at $40.78 on Thursday. The company has a 50-day moving average price of $46.91 and a 200-day moving average price of $52.07. Direxion Daily 20 Year Plus Treasury Bull 3x Shares has a 12 month low of $39.58 and a 12 month high of $67.87.

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.