Morse Asset Management Inc boosted its stake in shares of Direxion Daily Mid Cap Bull 3X Shares (NYSEARCA:MIDU – Free Report) by 100.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,814 shares of the company’s stock after buying an additional 1,911 shares during the quarter. Morse Asset Management Inc owned approximately 0.20% of Direxion Daily Mid Cap Bull 3X Shares worth $201,000 as of its most recent SEC filing.
Several other institutional investors also recently added to or reduced their stakes in the stock. Jane Street Group LLC bought a new position in Direxion Daily Mid Cap Bull 3X Shares during the fourth quarter valued at about $526,000. GG Group Ventures LLC grew its position in Direxion Daily Mid Cap Bull 3X Shares by 98.2% during the fourth quarter. GG Group Ventures LLC now owns 37,028 shares of the company’s stock valued at $1,955,000 after buying an additional 18,349 shares during the period. Tower Research Capital LLC TRC grew its position in Direxion Daily Mid Cap Bull 3X Shares by 54.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 15,968 shares of the company’s stock valued at $843,000 after buying an additional 5,651 shares during the period. Finally, Toth Financial Advisory Corp grew its position in Direxion Daily Mid Cap Bull 3X Shares by 36.0% during the fourth quarter. Toth Financial Advisory Corp now owns 12,277 shares of the company’s stock valued at $648,000 after buying an additional 3,249 shares during the period.
Direxion Daily Mid Cap Bull 3X Shares Stock Up 1.1%
NYSEARCA MIDU opened at $44.07 on Wednesday. The company has a market cap of $81.53 million, a PE ratio of 13.87 and a beta of 3.23. Direxion Daily Mid Cap Bull 3X Shares has a 52 week low of $25.30 and a 52 week high of $70.24. The firm’s 50-day simple moving average is $37.83 and its two-hundred day simple moving average is $50.63.
Direxion Daily Mid Cap Bull 3X Shares Profile
The Direxion Daily Mid Cap Bull 3X Shares (MIDU) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund provides 3x leveraged exposure to a market cap-weighted index of US mid-cap companies. MIDU was launched on Jan 8, 2009 and is managed by Direxion.
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