IMC Chicago LLC Invests $401,000 in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (NYSEARCA:GUSH)

IMC Chicago LLC acquired a new position in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (NYSEARCA:GUSH) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 14,425 shares of the company’s stock, valued at approximately $401,000. IMC Chicago LLC owned approximately 0.12% of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares as of its most recent SEC filing.

Separately, Hodges Capital Management Inc. acquired a new stake in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares in the third quarter worth $282,000.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares Stock Down 6.8 %

Shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares stock opened at $28.44 on Thursday. The stock has a market cap of $342.99 million, a PE ratio of 1.38 and a beta of 1.35. The business has a fifty day simple moving average of $29.37 and a 200-day simple moving average of $30.10. Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares has a 12 month low of $24.56 and a 12 month high of $44.99.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares Company Profile

The Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (GUSH) is an exchange-traded fund that mostly invests in energy equity. The fund provides 2x daily exposure to an equal-weighted index of the largest oil and gas exploration and production companies in the US. GUSH was launched on May 28, 2015 and is managed by Direxion.