Capstone Capital Management Ltd bought a new stake in shares of Direxion Daily MSCI South Korea Bull 3X ETF (NYSEARCA:KORU – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 128,820 shares of the company’s stock, valued at approximately $2,579,000. Direxion Daily MSCI South Korea Bull 3X ETF comprises 1.0% of Capstone Capital Management Ltd’s investment portfolio, making the stock its 17th largest position. Capstone Capital Management Ltd owned approximately 0.15% of Direxion Daily MSCI South Korea Bull 3X ETF at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Millennium Capital Advisors LLC bought a new position in shares of Direxion Daily MSCI South Korea Bull 3X ETF in the third quarter valued at $220,000. Farther Finance Advisors LLC boosted its stake in shares of Direxion Daily MSCI South Korea Bull 3X ETF by 1,900.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,520 shares of the company’s stock worth $30,000 after acquiring an additional 1,444 shares in the last quarter. NWI Management LP acquired a new position in shares of Direxion Daily MSCI South Korea Bull 3X ETF in the 1st quarter worth $3,566,000. Finally, Hoey Investments Inc. acquired a new position in shares of Direxion Daily MSCI South Korea Bull 3X ETF in the 1st quarter worth $43,000.
Direxion Daily MSCI South Korea Bull 3X ETF Stock Down 4.9%
Shares of Direxion Daily MSCI South Korea Bull 3X ETF stock opened at $11.34 on Wednesday. The stock’s fifty day moving average is $19.73 and its 200-day moving average is $27.35. The firm has a market capitalization of $985.45 million, a PE ratio of 9.42 and a beta of 4.59. Direxion Daily MSCI South Korea Bull 3X ETF has a 12-month low of $6.28 and a 12-month high of $63.98.
About Direxion Daily MSCI South Korea Bull 3X ETF
The Direxion Daily South Korea Bull 3X Shares (KORU) is an exchange-traded fund that is based on the MSCI Korea 25-50 index. The fund provides 300% daily leveraged exposure to a market-cap-weighted index of large- and mid-cap South Korean companies. KORU was launched on Apr 11, 2013 and is managed by Direxion.
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