Connectus Wealth LLC Makes New $414,000 Investment in Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS)

Connectus Wealth LLC bought a new position in shares of Direxion Daily Financial Bull 3X Shares (NYSEARCA:FASGet Rating) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,170 shares of the real estate investment trust’s stock, valued at approximately $414,000.

A number of other hedge funds have also modified their holdings of the business. Advisor Group Holdings Inc. grew its position in shares of Direxion Daily Financial Bull 3X Shares by 25.1% during the first quarter. Advisor Group Holdings Inc. now owns 998 shares of the real estate investment trust’s stock worth $118,000 after acquiring an additional 200 shares during the last quarter. Commonwealth Equity Services LLC grew its position in shares of Direxion Daily Financial Bull 3X Shares by 11.2% during the first quarter. Commonwealth Equity Services LLC now owns 3,109 shares of the real estate investment trust’s stock worth $365,000 after acquiring an additional 312 shares during the last quarter. Diligent Investors LLC purchased a new position in shares of Direxion Daily Financial Bull 3X Shares during the first quarter worth approximately $235,000. IMC Chicago LLC purchased a new position in shares of Direxion Daily Financial Bull 3X Shares during the first quarter worth approximately $1,205,000. Finally, Capital Investment Advisors LLC grew its position in shares of Direxion Daily Financial Bull 3X Shares by 1.5% during the first quarter. Capital Investment Advisors LLC now owns 22,992 shares of the real estate investment trust’s stock worth $2,703,000 after acquiring an additional 330 shares during the last quarter. 2.63% of the stock is currently owned by hedge funds and other institutional investors.

Direxion Daily Financial Bull 3X Shares Stock Performance

Shares of FAS opened at $76.24 on Friday. The company’s 50 day simple moving average is $70.36 and its 200-day simple moving average is $95.86. Direxion Daily Financial Bull 3X Shares has a 12-month low of $56.32 and a 12-month high of $155.82.

About Direxion Daily Financial Bull 3X Shares

(Get Rating)

Direxion Daily Financial Bull 3x Shares seeks daily investment results of 300% of the price performance of the Russell 1000 Financial Services Index (the Index). The Index is a subset of the Russell 1000 Index that measures the performance of the securities classified in the financial services sector of the large cap United States equity market.

See Also

Want to see what other hedge funds are holding FAS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily Financial Bull 3X Shares (NYSEARCA:FASGet Rating).

Institutional Ownership by Quarter for Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS)

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