Barclays PLC Has $902,000 Stake in Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN)

Barclays PLC grew its position in Direxion Daily FTSE China Bull 3X Shares (NYSEARCA:YINN) by 6.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,438 shares of the exchange traded fund’s stock after purchasing an additional 1,400 shares during the period. Barclays PLC owned about 0.05% of Direxion Daily FTSE China Bull 3X Shares worth $902,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Covestor Ltd bought a new position in Direxion Daily FTSE China Bull 3X Shares during the third quarter valued at $88,000. Gateway Advisory LLC increased its holdings in Direxion Daily FTSE China Bull 3X Shares by 20.0% in the 2nd quarter. Gateway Advisory LLC now owns 18,000 shares of the exchange traded fund’s stock worth $402,000 after acquiring an additional 3,000 shares during the last quarter. Strategic Wealth Investment Group LLC bought a new stake in Direxion Daily FTSE China Bull 3X Shares in the 3rd quarter valued at about $860,000. Finally, Flow Traders U.S. LLC boosted its position in Direxion Daily FTSE China Bull 3X Shares by 131.6% during the third quarter. Flow Traders U.S. LLC now owns 49,987 shares of the exchange traded fund’s stock worth $1,846,000 after purchasing an additional 28,404 shares during the period.

Direxion Daily FTSE China Bull 3X Shares Trading Up 6.8 %

Shares of YINN stock opened at $24.97 on Wednesday. The firm’s 50 day moving average is $28.43 and its 200 day moving average is $27.66. The stock has a market capitalization of $1.12 billion, a P/E ratio of 4.13 and a beta of 2.93. Direxion Daily FTSE China Bull 3X Shares has a 12 month low of $13.40 and a 12 month high of $59.26.

Direxion Daily FTSE China Bull 3X Shares Company Profile

Direxion Daily China Bull 3x Shares ETF (the Fund) seeks daily investment results of 300% of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation.