Virtu Financial LLC Decreases Holdings in Direxion Daily S&P 500 Bull 2X Shares (NYSEARCA:SPUU)

Virtu Financial LLC cut its holdings in shares of Direxion Daily S&P 500 Bull 2X Shares (NYSEARCA:SPUU) by 46.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 24,661 shares of the company’s stock after selling 21,042 shares during the quarter. Virtu Financial LLC owned 1.93% of Direxion Daily S&P 500 Bull 2X Shares worth $3,650,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. ST Germain D J Co. Inc. purchased a new position in shares of Direxion Daily S&P 500 Bull 2X Shares in the fourth quarter worth $27,000. Legacy Investment Solutions LLC purchased a new position in shares of Direxion Daily S&P 500 Bull 2X Shares in the third quarter worth $31,000. SBI Securities Co. Ltd. purchased a new position in shares of Direxion Daily S&P 500 Bull 2X Shares in the fourth quarter worth $39,000. Fermata Advisors LLC bought a new stake in Direxion Daily S&P 500 Bull 2X Shares in the fourth quarter valued at $204,000. Finally, Chung Wu Investment Group LLC purchased a new position in Direxion Daily S&P 500 Bull 2X Shares during the 4th quarter valued at $265,000.

Direxion Daily S&P 500 Bull 2X Shares Trading Up 0.1 %

Shares of Direxion Daily S&P 500 Bull 2X Shares stock opened at $135.36 on Friday. The company’s fifty day simple moving average is $148.99 and its two-hundred day simple moving average is $148.03. The company has a market cap of $139.42 million, a P/E ratio of 24.02 and a beta of 2.04. Direxion Daily S&P 500 Bull 2X Shares has a 12-month low of $109.44 and a 12-month high of $160.38.

Direxion Daily S&P 500 Bull 2X Shares Profile

The Direxion Daily S&P 500 Bull 2X Shares (SPUU) is an exchange-traded fund that is based on the S&P 500 index. The fund provides 2x daily leveraged exposure to the S&P 500, a market-cap-weighted index of US large-cap stocks selected by S&Ps index committee. SPUU was launched on May 28, 2014 and is managed by Direxion.