IMC Chicago LLC Purchases New Position in Direxion Daily MSCI Emerging Markets Bull 3X Shares $EDC

IMC Chicago LLC acquired a new position in Direxion Daily MSCI Emerging Markets Bull 3X Shares (NYSEARCA:EDC) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 9,231 shares of the company’s stock, valued at approximately $517,000. IMC Chicago LLC owned approximately 0.36% of Direxion Daily MSCI Emerging Markets Bull 3X Shares as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of EDC. PMV Capital Advisers LLC raised its position in Direxion Daily MSCI Emerging Markets Bull 3X Shares by 422.0% during the 1st quarter. PMV Capital Advisers LLC now owns 7,282 shares of the company’s stock valued at $408,000 after purchasing an additional 5,887 shares in the last quarter. Virtu Financial LLC bought a new position in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares during the 4th quarter worth $1,693,000. Covestor Ltd grew its position in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares by 267.2% during the 4th quarter. Covestor Ltd now owns 1,656 shares of the company’s stock worth $90,000 after buying an additional 1,205 shares in the last quarter. Millington Financial Advisors LLC increased its stake in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares by 34.9% during the fourth quarter. Millington Financial Advisors LLC now owns 9,129 shares of the company’s stock valued at $498,000 after buying an additional 2,361 shares during the period. Finally, Jane Street Group LLC purchased a new position in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares during the first quarter valued at $604,000.

Direxion Daily MSCI Emerging Markets Bull 3X Shares Price Performance

EDC stock opened at $72.16 on Friday. The business has a 50-day moving average price of $86.48 and a 200 day moving average price of $73.87. The company has a market capitalization of $153.70 million, a P/E ratio of 15.39 and a beta of 2.18. Direxion Daily MSCI Emerging Markets Bull 3X Shares has a 1-year low of $38.08 and a 1-year high of $103.88.

Direxion Daily MSCI Emerging Markets Bull 3X Shares Company Profile

The Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund provides 3x leveraged exposure to a market-cap-weighted index of companies operating in emerging markets. EDC was launched on Dec 17, 2008 and is managed by Direxion.