Huntington National Bank Reduces Stake in Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL)

Huntington National Bank lessened its position in Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXLGet Rating) by 40.5% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 440 shares of the company’s stock after selling 300 shares during the quarter. Huntington National Bank’s holdings in Direxion Daily S&P 500 Bull 3X were worth $53,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Ellis Investment Partners LLC purchased a new position in shares of Direxion Daily S&P 500 Bull 3X in the 1st quarter valued at approximately $47,000. Summit Financial Strategies Inc. increased its position in Direxion Daily S&P 500 Bull 3X by 18.0% during the 1st quarter. Summit Financial Strategies Inc. now owns 3,723 shares of the company’s stock valued at $446,000 after buying an additional 567 shares in the last quarter. Trinity Legacy Partners LLC increased its position in Direxion Daily S&P 500 Bull 3X by 28.7% during the 1st quarter. Trinity Legacy Partners LLC now owns 2,556 shares of the company’s stock valued at $306,000 after buying an additional 570 shares in the last quarter. Advisor Group Holdings Inc. increased its position in Direxion Daily S&P 500 Bull 3X by 6.4% during the 4th quarter. Advisor Group Holdings Inc. now owns 19,182 shares of the company’s stock valued at $2,751,000 after buying an additional 1,156 shares in the last quarter. Finally, Brookstone Capital Management increased its position in Direxion Daily S&P 500 Bull 3X by 54.5% during the 1st quarter. Brookstone Capital Management now owns 3,324 shares of the company’s stock valued at $367,000 after buying an additional 1,172 shares in the last quarter.

Direxion Daily S&P 500 Bull 3X Stock Down 0.8 %

SPXL stock opened at $83.85 on Wednesday. Direxion Daily S&P 500 Bull 3X has a twelve month low of $58.59 and a twelve month high of $147.98. The business has a 50 day moving average of $75.97 and a 200 day moving average of $91.90.

Direxion Daily S&P 500 Bull 3X Profile

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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.

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