Direxion Daily S&P Biotech Bull 3x Shares (NYSEARCA:LABU) Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC boosted its position in Direxion Daily S&P Biotech Bull 3x Shares (NYSEARCA:LABU) by 6.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,392 shares of the company’s stock after purchasing an additional 193 shares during the quarter. SG Americas Securities LLC’s holdings in Direxion Daily S&P Biotech Bull 3x Shares were worth $305,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Direxion Daily S&P Biotech Bull 3x Shares during the third quarter valued at $43,000. Dunhill Financial LLC bought a new position in Direxion Daily S&P Biotech Bull 3x Shares in the 3rd quarter valued at about $46,000. B. Riley Wealth Advisors Inc. acquired a new position in Direxion Daily S&P Biotech Bull 3x Shares during the 3rd quarter valued at about $279,000. Foundations Investment Advisors LLC raised its position in shares of Direxion Daily S&P Biotech Bull 3x Shares by 13.0% during the 3rd quarter. Foundations Investment Advisors LLC now owns 4,617 shares of the company’s stock worth $594,000 after buying an additional 530 shares in the last quarter. Finally, McGuire Investment Group LLC lifted its stake in shares of Direxion Daily S&P Biotech Bull 3x Shares by 3.9% in the 3rd quarter. McGuire Investment Group LLC now owns 4,633 shares of the company’s stock worth $596,000 after acquiring an additional 175 shares during the period.

Direxion Daily S&P Biotech Bull 3x Shares Trading Up 3.6 %

Direxion Daily S&P Biotech Bull 3x Shares stock opened at $95.15 on Wednesday. Direxion Daily S&P Biotech Bull 3x Shares has a 12-month low of $78.46 and a 12-month high of $176.99. The firm has a 50 day simple moving average of $100.24 and a 200-day simple moving average of $118.46.

Direxion Daily S&P Biotech Bull 3x Shares Profile

The Direxion Daily S&P Biotech Bull 3X Shares (LABU) is an exchange-traded fund that is based on the S&P Biotechnology Select Industry index. The fund provides daily 3 times exposure to the S&P Biotechnology Select Industry Index. LABU was launched on May 28, 2015 and is managed by Direxion.