Barclays PLC Has $643,000 Stock Holdings in Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL)

Barclays PLC boosted its stake in shares of Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) by 28.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,345 shares of the exchange traded fund’s stock after purchasing an additional 1,645 shares during the quarter. Barclays PLC’s holdings in Direxion Daily Technology Bull 3X Shares were worth $643,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Mercer Global Advisors Inc. ADV acquired a new position in Direxion Daily Technology Bull 3X Shares in the second quarter valued at about $338,000. Squarepoint Ops LLC bought a new position in Direxion Daily Technology Bull 3X Shares in the 2nd quarter valued at about $3,956,000. Trinity Legacy Partners LLC acquired a new position in shares of Direxion Daily Technology Bull 3X Shares in the 2nd quarter valued at approximately $988,000. Triton Wealth Management PLLC bought a new stake in shares of Direxion Daily Technology Bull 3X Shares during the 3rd quarter worth approximately $960,000. Finally, Oxinas Partners Wealth Management LLC boosted its position in shares of Direxion Daily Technology Bull 3X Shares by 3.3% during the 3rd quarter. Oxinas Partners Wealth Management LLC now owns 19,099 shares of the exchange traded fund’s stock worth $1,672,000 after acquiring an additional 607 shares in the last quarter.

Direxion Daily Technology Bull 3X Shares Price Performance

Shares of NYSEARCA:TECL opened at $87.33 on Friday. Direxion Daily Technology Bull 3X Shares has a 1 year low of $54.80 and a 1 year high of $112.78. The stock has a market capitalization of $3.70 billion, a price-to-earnings ratio of 50.15 and a beta of 4.03. The company’s 50 day simple moving average is $94.52 and its 200 day simple moving average is $89.24.

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.