Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) Shares Acquired by Barclays PLC

Barclays PLC boosted its holdings in Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) by 28.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 7,345 shares of the exchange traded fund’s stock after acquiring an additional 1,645 shares during the period. Barclays PLC’s holdings in Direxion Daily Technology Bull 3X Shares were worth $643,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Sollinda Capital Management LLC purchased a new stake in shares of Direxion Daily Technology Bull 3X Shares in the third quarter valued at $20,933,000. EP Wealth Advisors LLC lifted its holdings in Direxion Daily Technology Bull 3X Shares by 2.1% in the 3rd quarter. EP Wealth Advisors LLC now owns 52,396 shares of the exchange traded fund’s stock valued at $4,586,000 after purchasing an additional 1,066 shares in the last quarter. Squarepoint Ops LLC acquired a new stake in shares of Direxion Daily Technology Bull 3X Shares during the 2nd quarter worth about $3,956,000. Axxcess Wealth Management LLC purchased a new stake in shares of Direxion Daily Technology Bull 3X Shares during the third quarter worth about $3,473,000. Finally, Virtu Financial LLC raised its position in shares of Direxion Daily Technology Bull 3X Shares by 577.2% in the second quarter. Virtu Financial LLC now owns 27,149 shares of the exchange traded fund’s stock valued at $2,644,000 after buying an additional 23,140 shares during the last quarter.

Direxion Daily Technology Bull 3X Shares Price Performance

TECL opened at $90.55 on Thursday. The stock has a market capitalization of $3.84 billion, a price-to-earnings ratio of 50.15 and a beta of 4.03. Direxion Daily Technology Bull 3X Shares has a 12 month low of $54.80 and a 12 month high of $112.78. The business has a 50-day moving average of $94.51 and a two-hundred day moving average of $89.92.

Direxion Daily Technology Bull 3X Shares Company 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.