Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CURE) Stock Price Up 0.9% – What’s Next?

Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CURE)’s stock price shot up 0.9% during trading on Monday . The stock traded as high as $119.00 and last traded at $117.27. Approximately 53,168 shares traded hands during mid-day trading, a decline of 22% from the average session volume of 68,237 shares. The stock had previously closed at $116.22.

Direxion Daily Healthcare Bull 3x Shares Trading Up 1.1%

The business’s 50 day moving average price is $100.62 and its two-hundred day moving average price is $103.21. The stock has a market cap of $167.78 million, a P/E ratio of 20.81 and a beta of 1.67.

Institutional Trading of Direxion Daily Healthcare Bull 3x Shares

Several large investors have recently bought and sold shares of CURE. Tower Research Capital LLC TRC raised its position in shares of Direxion Daily Healthcare Bull 3x Shares by 1,649.0% in the 3rd quarter. Tower Research Capital LLC TRC now owns 45,858 shares of the company’s stock worth $3,830,000 after acquiring an additional 43,236 shares in the last quarter. Virtu Financial LLC purchased a new stake in Direxion Daily Healthcare Bull 3x Shares in the fourth quarter worth $1,578,000. Flow Traders U.S. LLC bought a new position in Direxion Daily Healthcare Bull 3x Shares in the third quarter worth $663,000. Group One Trading LLC bought a new position in Direxion Daily Healthcare Bull 3x Shares in the third quarter worth $245,000. Finally, EverSource Wealth Advisors LLC lifted its position in Direxion Daily Healthcare Bull 3x Shares by 16.2% during the second quarter. EverSource Wealth Advisors LLC now owns 2,150 shares of the company’s stock valued at $169,000 after buying an additional 300 shares during the period.

Direxion Daily Healthcare Bull 3x Shares Company Profile

The Direxion Daily Healthcare Bull 3X Shares (CURE) is an exchange-traded fund that is based on the Health Care Select Sector index. The fund provides 3x levered exposure to a market cap weighted sub-index of the S&P 500 that tracks the performance of US listed health care companies. CURE was launched on Jun 15, 2011 and is managed by Direxion.