Renaissance Technologies LLC Acquires 5,500 Shares of Direxion Daily Energy Bull 2x Shares $ERX

Renaissance Technologies LLC increased its holdings in shares of Direxion Daily Energy Bull 2x Shares (NYSEARCA:ERX) by 125.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,900 shares of the company’s stock after buying an additional 5,500 shares during the period. Renaissance Technologies LLC owned about 0.34% of Direxion Daily Energy Bull 2x Shares worth $1,020,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC increased its position in Direxion Daily Energy Bull 2x Shares by 17.9% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,650 shares of the company’s stock valued at $85,000 after acquiring an additional 250 shares during the period. Bank of America Corp DE acquired a new position in shares of Direxion Daily Energy Bull 2x Shares during the second quarter worth $116,000. Qube Research & Technologies Ltd lifted its holdings in shares of Direxion Daily Energy Bull 2x Shares by 679.8% during the third quarter. Qube Research & Technologies Ltd now owns 3,158 shares of the company’s stock worth $178,000 after purchasing an additional 2,753 shares during the period. NewEdge Advisors LLC bought a new stake in shares of Direxion Daily Energy Bull 2x Shares in the fourth quarter worth $215,000. Finally, IMC Chicago LLC bought a new stake in shares of Direxion Daily Energy Bull 2x Shares in the first quarter worth $513,000.

Direxion Daily Energy Bull 2x Shares Stock Up 2.7%

NYSEARCA ERX opened at $101.90 on Friday. The company has a market capitalization of $250.67 million, a price-to-earnings ratio of 14.85 and a beta of 0.82. Direxion Daily Energy Bull 2x Shares has a twelve month low of $50.50 and a twelve month high of $110.78. The stock has a fifty day simple moving average of $86.58 and a 200 day simple moving average of $87.70.

Direxion Daily Energy Bull 2x Shares Company Profile

The Direxion Daily Energy Bull 2X Shares (ERX) is an exchange-traded fund that is based on the Energy Select Sector index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US large-cap companies in the energy industry. ERX was launched on Nov 6, 2008 and is managed by Direxion.