Strategic Wealth Investment Group LLC bought a new stake in Direxion Daily MSCI Emerging Markets Bull 3X Shares (NYSEARCA:EDC – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 9,104 shares of the company’s stock, valued at approximately $262,000.
Other large investors also recently modified their holdings of the company. Tidal Investments LLC acquired a new position in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares in the 3rd quarter valued at approximately $7,643,000. Virtu Financial LLC lifted its stake in Direxion Daily MSCI Emerging Markets Bull 3X Shares by 57.2% in the third quarter. Virtu Financial LLC now owns 75,880 shares of the company’s stock valued at $2,881,000 after buying an additional 27,602 shares in the last quarter. Finally, Flow Traders U.S. LLC lifted its stake in Direxion Daily MSCI Emerging Markets Bull 3X Shares by 12.6% in the third quarter. Flow Traders U.S. LLC now owns 64,893 shares of the company’s stock valued at $2,464,000 after buying an additional 7,274 shares in the last quarter.
Direxion Daily MSCI Emerging Markets Bull 3X Shares Stock Up 5.2 %
Shares of EDC stock opened at $31.18 on Friday. Direxion Daily MSCI Emerging Markets Bull 3X Shares has a 12-month low of $25.01 and a 12-month high of $41.94. The firm has a fifty day moving average of $30.11 and a 200-day moving average of $32.55. The company has a market capitalization of $83.56 million, a price-to-earnings ratio of 12.03 and a beta of 2.74.
Direxion Daily MSCI Emerging Markets Bull 3X Shares Profile
The Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund provides 3x leveraged exposure to a market-cap-weighted index of companies operating in emerging markets. EDC was launched on Dec 17, 2008 and is managed by Direxion.
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