LifeGuide Financial Advisors LLC Has $871,000 Stock Holdings in Direxion Daily Real Estate Bull 3X Shares (NYSEARCA:DRN)

LifeGuide Financial Advisors LLC trimmed its holdings in shares of Direxion Daily Real Estate Bull 3X Shares (NYSEARCA:DRN) by 6.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 88,521 shares of the company’s stock after selling 6,574 shares during the quarter. Direxion Daily Real Estate Bull 3X Shares comprises 0.4% of LifeGuide Financial Advisors LLC’s portfolio, making the stock its 21st biggest holding. LifeGuide Financial Advisors LLC’s holdings in Direxion Daily Real Estate Bull 3X Shares were worth $871,000 as of its most recent SEC filing.

Separately, Innova Wealth Partners bought a new position in shares of Direxion Daily Real Estate Bull 3X Shares in the fourth quarter valued at approximately $99,000.

Direxion Daily Real Estate Bull 3X Shares Trading Up 5.1 %

Shares of Direxion Daily Real Estate Bull 3X Shares stock opened at $10.56 on Wednesday. Direxion Daily Real Estate Bull 3X Shares has a 1-year low of $7.07 and a 1-year high of $14.07. The firm has a fifty day simple moving average of $10.92 and a 200-day simple moving average of $11.54. The stock has a market capitalization of $86.59 million, a price-to-earnings ratio of 25.96 and a beta of 2.92.

About Direxion Daily Real Estate Bull 3X Shares

The Direxion Daily Real Estate Bull 3X Shares (DRN) is an exchange-traded fund that is based on the S&P Real Estate Select Sector index. The fund provides 3x leveraged exposure to an index that captures large cap equities of the US real estate segment. DRN was launched on Jul 16, 2009 and is managed by Direxion.