HighTower Advisors LLC Buys New Shares in Direxion Daily Retail Bull 3X Shares (NYSEARCA:RETL)

HighTower Advisors LLC purchased a new position in shares of Direxion Daily Retail Bull 3X Shares (NYSEARCA:RETL) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 10,000 shares of the company’s stock, valued at approximately $99,000. HighTower Advisors LLC owned 0.18% of Direxion Daily Retail Bull 3X Shares as of its most recent filing with the Securities and Exchange Commission.

Separately, Jane Street Group LLC purchased a new stake in shares of Direxion Daily Retail Bull 3X Shares in the 3rd quarter valued at $442,000.

Direxion Daily Retail Bull 3X Shares Price Performance

NYSEARCA:RETL opened at $4.94 on Friday. The company’s fifty day moving average price is $7.76 and its 200-day moving average price is $9.07. Direxion Daily Retail Bull 3X Shares has a 1-year low of $4.40 and a 1-year high of $11.92. The firm has a market capitalization of $27.27 million, a P/E ratio of 12.40 and a beta of 4.07.

Direxion Daily Retail Bull 3X Shares Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were given a dividend of $0.0267 per share. This is an increase from Direxion Daily Retail Bull 3X Shares’s previous dividend of $0.02. The ex-dividend date of this dividend was Tuesday, March 25th.

Direxion Daily Retail Bull 3X Shares Profile

Direxion Daily Retail Bull 3x Shares, formerly Direxion Daily Retail Bull 2x Shares, seeks daily investment results, before fees and expenses, of 300% of the performance of the Russell 1000 Retail Index. The Retail Index is an index comprised of companies that sell to consumers those discretionary products supplied by manufacturers.