JPMorgan Chase & Co. Purchases 1,631 Shares of Direxion Daily Homebuilders & Supplies Bull 3x Shares (NYSEARCA:NAIL)

JPMorgan Chase & Co. lifted its position in shares of Direxion Daily Homebuilders & Supplies Bull 3x Shares (NYSEARCA:NAIL) by 228.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,346 shares of the company’s stock after purchasing an additional 1,631 shares during the period. JPMorgan Chase & Co. owned 0.10% of Direxion Daily Homebuilders & Supplies Bull 3x Shares worth $397,000 as of its most recent SEC filing.

Separately, Cable Hill Partners LLC purchased a new stake in shares of Direxion Daily Homebuilders & Supplies Bull 3x Shares in the 3rd quarter worth about $508,000.

Direxion Daily Homebuilders & Supplies Bull 3x Shares Price Performance

Shares of NYSEARCA NAIL opened at $92.61 on Thursday. Direxion Daily Homebuilders & Supplies Bull 3x Shares has a 1 year low of $76.27 and a 1 year high of $178.00. The stock has a market capitalization of $217.63 million, a P/E ratio of 19.10 and a beta of 4.09. The company’s 50-day moving average is $106.79 and its 200 day moving average is $130.48.

About Direxion Daily Homebuilders & Supplies Bull 3x Shares

The Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) is an exchange-traded fund that is based on the DJ US Select \u002F Home Construction index. The fund provides 3x daily leveraged bullish exposure to an index composed of US companies within the home construction sector. NAIL was launched on Aug 19, 2015 and is managed by Direxion.