Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) Shares Sold by Farther Finance Advisors LLC

Farther Finance Advisors LLC trimmed its position in shares of Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) by 25.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 700 shares of the exchange traded fund’s stock after selling 243 shares during the quarter. Farther Finance Advisors LLC’s holdings in Direxion Daily Technology Bull 3X Shares were worth $63,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in TECL. Millington Financial Advisors LLC raised its stake in shares of Direxion Daily Technology Bull 3X Shares by 7.4% during the 4th quarter. Millington Financial Advisors LLC now owns 3,059 shares of the exchange traded fund’s stock worth $252,000 after buying an additional 212 shares in the last quarter. Rovin Capital UT ADV grew its holdings in Direxion Daily Technology Bull 3X Shares by 2.6% during the fourth quarter. Rovin Capital UT ADV now owns 12,103 shares of the exchange traded fund’s stock worth $1,096,000 after acquiring an additional 306 shares during the period. EP Wealth Advisors LLC raised its position in Direxion Daily Technology Bull 3X Shares by 2.1% in the third quarter. EP Wealth Advisors LLC now owns 52,396 shares of the exchange traded fund’s stock worth $4,586,000 after acquiring an additional 1,066 shares in the last quarter. Barclays PLC lifted its holdings in Direxion Daily Technology Bull 3X Shares by 28.9% in the third quarter. Barclays PLC now owns 7,345 shares of the exchange traded fund’s stock valued at $643,000 after acquiring an additional 1,645 shares during the period. Finally, GFG Capital LLC purchased a new stake in shares of Direxion Daily Technology Bull 3X Shares during the 4th quarter worth $216,000.

Direxion Daily Technology Bull 3X Shares Price Performance

Shares of NYSEARCA:TECL opened at $65.40 on Friday. The firm has a market capitalization of $2.31 billion, a price-to-earnings ratio of 31.33 and a beta of 3.56. The business’s 50 day simple moving average is $82.73 and its 200-day simple moving average is $87.73. Direxion Daily Technology Bull 3X Shares has a 12 month low of $54.80 and a 12 month high of $112.78.

Direxion Daily Technology Bull 3X Shares Profile

The Direxion Daily Technology Bull 3X Shares (TECL) is an exchange-traded fund that is based on the Technology Select Sector index. The fund provides 3x leveraged exposure to a market-cap weighted index of US large-cap technology companies. TECL was launched on Dec 17, 2008 and is managed by Direxion.