Thurston Springer Miller Herd & Titak Inc. Reduces Stock Holdings in Direxion Daily S&P 500 Bull 3x Shares $SPXL

Thurston Springer Miller Herd & Titak Inc. reduced its stake in shares of Direxion Daily S&P 500 Bull 3x Shares (NYSEARCA:SPXL) by 96.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 258 shares of the company’s stock after selling 6,220 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in Direxion Daily S&P 500 Bull 3x Shares were worth $55,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Bank of America Corp DE increased its stake in 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 last quarter. Summit Financial LLC purchased a new stake in Direxion Daily S&P 500 Bull 3x Shares during the first quarter worth approximately $220,000. Jump Financial LLC boosted its position in Direxion Daily S&P 500 Bull 3x Shares by 40.5% during the 1st quarter. Jump Financial LLC now owns 27,779 shares of the company’s stock worth $3,900,000 after purchasing an additional 8,014 shares during the period. CreativeOne Wealth LLC boosted its position in shares of Direxion Daily S&P 500 Bull 3x Shares by 8.1% in the first quarter. CreativeOne Wealth LLC now owns 7,881 shares of the company’s stock worth $1,106,000 after buying an additional 588 shares during the period. Finally, Goldman Sachs Group Inc. raised its stake in shares of Direxion Daily S&P 500 Bull 3x Shares by 389.6% during the first quarter. Goldman Sachs Group Inc. now owns 125,668 shares of the company’s stock valued at $17,643,000 after purchasing an additional 100,000 shares during the period.

Direxion Daily S&P 500 Bull 3x Shares Price Performance

Shares of Direxion Daily S&P 500 Bull 3x Shares stock opened at $209.73 on Thursday. The company has a market capitalization of $5.74 billion, a PE ratio of 25.10 and a beta of 3.03. Direxion Daily S&P 500 Bull 3x Shares has a 1-year low of $87.08 and a 1-year high of $232.19. The business has a 50-day moving average of $216.33 and a 200-day moving average of $196.24.

About Direxion Daily S&P 500 Bull 3x Shares

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.