Donalies Financial Planning LLC Acquires New Position in Direxion Daily Technology Bull 3X Shares $TECL

Donalies Financial Planning LLC acquired a new stake in Direxion Daily Technology Bull 3X Shares (NYSEARCA:TECL) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund acquired 6,240 shares of the exchange traded fund’s stock, valued at approximately $733,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. West Michigan Advisors LLC raised its stake in Direxion Daily Technology Bull 3X Shares by 2.0% in the 4th quarter. West Michigan Advisors LLC now owns 5,100 shares of the exchange traded fund’s stock valued at $599,000 after acquiring an additional 100 shares during the period. Barclays PLC raised its stake in Direxion Daily Technology Bull 3X Shares by 1.6% in the 3rd quarter. Barclays PLC now owns 6,250 shares of the exchange traded fund’s stock valued at $777,000 after acquiring an additional 100 shares during the period. Kelly Financial Services LLC raised its stake in Direxion Daily Technology Bull 3X Shares by 5.0% in the 4th quarter. Kelly Financial Services LLC now owns 2,244 shares of the exchange traded fund’s stock valued at $264,000 after acquiring an additional 106 shares during the period. Millington Financial Advisors LLC raised its stake in Direxion Daily Technology Bull 3X Shares by 2.7% in the 4th quarter. Millington Financial Advisors LLC now owns 4,656 shares of the exchange traded fund’s stock valued at $500,000 after acquiring an additional 123 shares during the period. Finally, Socha Financial Group LLC raised its stake in Direxion Daily Technology Bull 3X Shares by 4.5% in the 4th quarter. Socha Financial Group LLC now owns 2,960 shares of the exchange traded fund’s stock valued at $348,000 after acquiring an additional 127 shares during the period.

Direxion Daily Technology Bull 3X Shares Stock Performance

Shares of Direxion Daily Technology Bull 3X Shares stock opened at $219.88 on Wednesday. Direxion Daily Technology Bull 3X Shares has a 52-week low of $75.16 and a 52-week high of $275.40. The stock’s 50-day simple moving average is $179.09 and its 200 day simple moving average is $135.20. The stock has a market capitalization of $7.18 billion, a P/E ratio of 36.87 and a beta of 4.12.

Direxion Daily Technology Bull 3X Shares Company Profile

The Direxion Daily Technology Bull 3X Shares (TECL) is an exchange-traded fund that is based on the Technology Select Sector index. The fund provides 3x leveraged exposure to a market-cap weighted index of US large-cap technology companies. TECL was launched on Dec 17, 2008 and is managed by Direxion.