Virtu Financial LLC Reduces Stock Position in Direxion Work From Home ETF (NYSEARCA:WFH)

Virtu Financial LLC trimmed its holdings in shares of Direxion Work From Home ETF (NYSEARCA:WFH) by 57.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,397 shares of the company’s stock after selling 18,359 shares during the quarter. Virtu Financial LLC owned 2.68% of Direxion Work From Home ETF worth $783,000 at the end of the most recent reporting period.

Separately, Tradition Wealth Management LLC lifted its position in Direxion Work From Home ETF by 1.2% in the third quarter. Tradition Wealth Management LLC now owns 96,239 shares of the company’s stock worth $5,623,000 after buying an additional 1,146 shares during the last quarter.

Direxion Work From Home ETF Stock Down 0.3 %

NYSEARCA WFH opened at $67.44 on Friday. Direxion Work From Home ETF has a 52 week low of $50.28 and a 52 week high of $68.47. The firm has a market capitalization of $33.72 million, a price-to-earnings ratio of 31.88 and a beta of 1.50. The company has a fifty day moving average of $62.76 and a two-hundred day moving average of $57.75.

Direxion Work From Home ETF Profile

The Direxion Work From Home ETF (WFH) is an exchange-traded fund that is based on the Solactive Remote Work index. The fund tracks an equally-weighted index of global firms that provide technology that supports a more flexible work environment. Stocks are selected using a proprietary natural language processing algorithm.