XTX Topco Ltd Buys 3,180 Shares of Direxion Daily S&P 500 Bull 3x Shares (NYSEARCA:SPXL)

XTX Topco Ltd grew its holdings in shares of Direxion Daily S&P 500 Bull 3x Shares (NYSEARCA:SPXL) by 147.1% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 5,342 shares of the company’s stock after acquiring an additional 3,180 shares during the period. XTX Topco Ltd’s holdings in Direxion Daily S&P 500 Bull 3x Shares were worth $750,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Highline Wealth Partners LLC acquired a new stake in Direxion Daily S&P 500 Bull 3x Shares in the first quarter worth $28,000. Beacon Capital Management LLC raised its position in Direxion Daily S&P 500 Bull 3x Shares by 169.1% in the first quarter. Beacon Capital Management LLC now owns 296 shares of the company’s stock worth $42,000 after acquiring an additional 186 shares during the period. Park Square Financial Group LLC bought a new stake in Direxion Daily S&P 500 Bull 3x Shares in the fourth quarter worth about $51,000. Bank of America Corp DE raised its position in shares of Direxion Daily S&P 500 Bull 3x Shares by 14.6% in the fourth quarter. Bank of America Corp DE now owns 472 shares of the company’s stock valued at $80,000 after purchasing an additional 60 shares during the period. Finally, IFP Advisors Inc raised its position in shares of Direxion Daily S&P 500 Bull 3x Shares by 57.5% in the first quarter. IFP Advisors Inc now owns 630 shares of the company’s stock valued at $88,000 after purchasing an additional 230 shares during the period.

Direxion Daily S&P 500 Bull 3x Shares Stock Up 4.5%

NYSEARCA SPXL opened at $182.53 on Tuesday. The company’s 50 day moving average is $169.74 and its 200-day moving average is $156.55. The firm has a market cap of $5.59 billion, a P/E ratio of 25.10 and a beta of 3.08. Direxion Daily S&P 500 Bull 3x Shares has a 12-month low of $87.08 and a 12-month high of $190.72.

Direxion Daily S&P 500 Bull 3x Shares Profile

Direxion Daily S&P 500 Bull 3X Shares, formerly Direxion Daily Large Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification.