Direxion Daily Financial Bull 3X ETF (FAS) Shares Sold by Adell Harriman & Carpenter Inc.

Adell Harriman & Carpenter Inc. reduced its stake in Direxion Daily Financial Bull 3X ETF (NYSEARCA:FAS) by 38.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,100 shares of the real estate investment trust’s stock after selling 2,560 shares during the period. Adell Harriman & Carpenter Inc.’s holdings in Direxion Daily Financial Bull 3X ETF were worth $229,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of FAS. TRUE Private Wealth Advisors acquired a new stake in shares of Direxion Daily Financial Bull 3X ETF in the 2nd quarter valued at approximately $260,000. Mark Sheptoff Financial Planning LLC boosted its stake in shares of Direxion Daily Financial Bull 3X ETF by 12.7% in the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 59,750 shares of the real estate investment trust’s stock valued at $2,951,000 after purchasing an additional 6,749 shares in the last quarter. FNY Partners Fund LP boosted its stake in shares of Direxion Daily Financial Bull 3X ETF by 761.5% in the 2nd quarter. FNY Partners Fund LP now owns 11,200 shares of the real estate investment trust’s stock valued at $553,000 after purchasing an additional 9,900 shares in the last quarter. Stevens Capital Management LP acquired a new stake in shares of Direxion Daily Financial Bull 3X ETF in the 2nd quarter valued at approximately $1,411,000. Finally, Eqis Capital Management Inc. acquired a new stake in shares of Direxion Daily Financial Bull 3X ETF in the 3rd quarter valued at approximately $945,000.

Direxion Daily Financial Bull 3X ETF (NYSEARCA:FAS) traded up $0.35 on Tuesday, hitting $59.59. 656,600 shares of the stock were exchanged, compared to its average volume of 2,564,602. Direxion Daily Financial Bull 3X ETF has a one year low of $34.48 and a one year high of $62.48.

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About Direxion Daily Financial Bull 3X ETF

Direxion Daily Financial Bull 3x Shares seeks daily investment results of 300% of the price performance of the Russell 1000 Financial Services Index (the Index). The Index is a subset of the Russell 1000 Index that measures the performance of the securities classified in the financial services sector of the large cap United States equity market.

Institutional Ownership by Quarter for Direxion Daily Financial Bull 3X ETF (NYSEARCA:FAS)

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