Virtu Financial LLC raised its position in Direxion Daily S&P 500 High Beta Bull 3X Shares (NYSEARCA:HIBL – Free Report) by 347.5% in the 4th quarter, Holdings Channel reports. The firm owned 21,545 shares of the company’s stock after buying an additional 16,731 shares during the quarter. Virtu Financial LLC’s holdings in Direxion Daily S&P 500 High Beta Bull 3X Shares were worth $1,415,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently made changes to their positions in HIBL. Group One Trading LLC bought a new position in shares of Direxion Daily S&P 500 High Beta Bull 3X Shares in the fourth quarter worth $39,000. Tower Research Capital LLC TRC boosted its stake in Direxion Daily S&P 500 High Beta Bull 3X Shares by 131.4% during the second quarter. Tower Research Capital LLC TRC now owns 33,572 shares of the company’s stock valued at $1,443,000 after buying an additional 19,063 shares during the period. Jane Street Group LLC bought a new stake in Direxion Daily S&P 500 High Beta Bull 3X Shares during the second quarter valued at $1,659,000. Finally, Susquehanna International Group LLP boosted its stake in Direxion Daily S&P 500 High Beta Bull 3X Shares by 4.9% during the third quarter. Susquehanna International Group LLP now owns 69,556 shares of the company’s stock valued at $4,104,000 after buying an additional 3,247 shares during the period.
Direxion Daily S&P 500 High Beta Bull 3X Shares Price Performance
Direxion Daily S&P 500 High Beta Bull 3X Shares stock opened at $131.09 on Friday. The stock has a market cap of $119.29 million, a price-to-earnings ratio of 14.26 and a beta of 4.31. The business has a 50-day simple moving average of $102.70 and a 200 day simple moving average of $81.07. Direxion Daily S&P 500 High Beta Bull 3X Shares has a 52 week low of $35.21 and a 52 week high of $133.70.
Direxion Daily S&P 500 High Beta Bull 3X Shares Company Profile
The Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL) is an exchange-traded fund that is based on the S&P 500 High Beta index. The fund provides 3x daily leveraged exposure to a beta-weighted index of 100 highest-beta stocks in the S&P 500. HIBL was launched on Nov 7, 2019 and is managed by Direxion.
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Want to see what other hedge funds are holding HIBL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily S&P 500 High Beta Bull 3X Shares (NYSEARCA:HIBL – Free Report).
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