PPSC Investment Service Corp Has $10.05 Million Holdings in Direxion Daily 20+ Year Treasury Bull 3x Shares $TMF

PPSC Investment Service Corp boosted its stake in shares of Direxion Daily 20+ Year Treasury Bull 3x Shares (NYSEARCA:TMF) by 11.3% in the fourth quarter, HoldingsChannel reports. The firm owned 269,382 shares of the company’s stock after purchasing an additional 27,254 shares during the quarter. Direxion Daily 20+ Year Treasury Bull 3x Shares accounts for about 0.8% of PPSC Investment Service Corp’s holdings, making the stock its 7th largest holding. PPSC Investment Service Corp’s holdings in Direxion Daily 20+ Year Treasury Bull 3x Shares were worth $10,053,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its position in Direxion Daily 20+ Year Treasury Bull 3x Shares by 117.5% during the third quarter. JPMorgan Chase & Co. now owns 160,998 shares of the company’s stock worth $6,469,000 after purchasing an additional 86,978 shares during the period. SG Americas Securities LLC boosted its position in Direxion Daily 20+ Year Treasury Bull 3x Shares by 40.7% during the fourth quarter. SG Americas Securities LLC now owns 145,441 shares of the company’s stock worth $5,428,000 after purchasing an additional 42,053 shares during the period. IHT Wealth Management LLC boosted its position in Direxion Daily 20+ Year Treasury Bull 3x Shares by 52.2% during the second quarter. IHT Wealth Management LLC now owns 95,400 shares of the company’s stock worth $3,743,000 after purchasing an additional 32,730 shares during the period. Marshall Wace LLP bought a new position in Direxion Daily 20+ Year Treasury Bull 3x Shares during the second quarter worth $2,786,000. Finally, Ping Capital Management Inc. bought a new position in Direxion Daily 20+ Year Treasury Bull 3x Shares during the third quarter worth $2,772,000.

Direxion Daily 20+ Year Treasury Bull 3x Shares Stock Down 1.3%

TMF stock opened at $36.48 on Thursday. The company has a fifty day moving average price of $38.00 and a two-hundred day moving average price of $39.10. Direxion Daily 20+ Year Treasury Bull 3x Shares has a one year low of $33.51 and a one year high of $44.24.

Direxion Daily 20+ Year Treasury Bull 3x Shares Profile

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (the Fund), formerly Direxion Daily 30-Year Treasury Bull 3X Shares, seeks daily investment results of 300% of the price performance of the NYSE 20 Year Plus Treasury Bond Index (the Index). The Index is a multiple-security fixed income index that aims to track the total returns of the long-term 20-year and greater maturity range of the United States Treasury bond market. The Index constituent bonds are weighted by their relative amounts outstanding.