Direxion Daily S&P 500 Bull 3x Shares $SPXL Shares Sold by Lido Advisors LLC

Lido Advisors LLC lessened its position in shares of Direxion Daily S&P 500 Bull 3x Shares (NYSEARCA:SPXL) by 65.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,913 shares of the company’s stock after selling 5,564 shares during the quarter. Lido Advisors LLC’s holdings in Direxion Daily S&P 500 Bull 3x Shares were worth $539,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of SPXL. Goldman Sachs Group Inc. lifted its holdings in shares of Direxion Daily S&P 500 Bull 3x Shares by 389.6% during the first quarter. Goldman Sachs Group Inc. now owns 125,668 shares of the company’s stock worth $17,643,000 after purchasing an additional 100,000 shares during the period. Virtu Financial LLC raised its position in Direxion Daily S&P 500 Bull 3x Shares by 58.0% during the 4th quarter. Virtu Financial LLC now owns 55,957 shares of the company’s stock worth $12,344,000 after buying an additional 20,544 shares during the last quarter. Group One Trading LLC raised its position in Direxion Daily S&P 500 Bull 3x Shares by 1,181.5% during the 2nd quarter. Group One Trading LLC now owns 45,492 shares of the company’s stock worth $7,894,000 after buying an additional 41,942 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in Direxion Daily S&P 500 Bull 3x Shares by 10.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 44,841 shares of the company’s stock valued at $7,781,000 after acquiring an additional 4,130 shares during the period. Finally, J. Safra Sarasin Holding AG boosted its holdings in shares of Direxion Daily S&P 500 Bull 3x Shares by 82.0% in the 1st quarter. J. Safra Sarasin Holding AG now owns 36,400 shares of the company’s stock valued at $6,730,000 after acquiring an additional 16,400 shares during the last quarter.

Direxion Daily S&P 500 Bull 3x Shares Price Performance

NYSEARCA:SPXL opened at $262.91 on Friday. The firm has a market capitalization of $6.57 billion, a P/E ratio of 25.10 and a beta of 3.03. Direxion Daily S&P 500 Bull 3x Shares has a 1-year low of $168.04 and a 1-year high of $289.00. The company’s fifty day moving average price is $269.68 and its 200-day moving average price is $239.63.

About Direxion Daily S&P 500 Bull 3x Shares

Direxion Daily S&P 500 Bull 3X Shares, formerly Direxion Daily Large Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification. Most of the stocks in the Index are issued by the 500 largest companies, in terms of the aggregate market value of their outstanding stock, and generally are listed on the New York Stock Exchange.