Jane Street Group LLC Makes New Investment in Direxion Daily NYSE FANG+ Bull 2X Shares (NYSEARCA:FNGG)

Jane Street Group LLC acquired a new stake in Direxion Daily NYSE FANG+ Bull 2X Shares (NYSEARCA:FNGG) during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 1,869 shares of the company’s stock, valued at approximately $263,000. Jane Street Group LLC owned about 0.49% of Direxion Daily NYSE FANG+ Bull 2X Shares at the end of the most recent quarter.

Separately, Watts Gwilliam & Co. LLC purchased a new stake in shares of Direxion Daily NYSE FANG+ Bull 2X Shares in the 3rd quarter valued at approximately $569,000.

Direxion Daily NYSE FANG+ Bull 2X Shares Trading Down 4.1 %

Shares of NYSEARCA:FNGG opened at $176.26 on Friday. Direxion Daily NYSE FANG+ Bull 2X Shares has a 52 week low of $87.39 and a 52 week high of $204.81. The company’s 50 day moving average is $175.40 and its two-hundred day moving average is $153.01. The company has a market cap of $66.95 million, a PE ratio of 77.70 and a beta of 3.37.

About Direxion Daily NYSE FANG+ Bull 2X Shares

The Direxion Daily Select Large Caps & FANGs Bull 2X Shares (FNGG) is an exchange-traded fund that is based on the ICE FANG 20 index. The fund provides 2x the daily price movements of an equal-weighted index consists of FANG stocks and other growth stocks of technology and tech-enabled companies. FNGG was launched on Sep 30, 2021 and is managed by Direxion.