HighTower Advisors LLC Acquires Shares of 10,000 Direxion Daily Retail Bull 3X Shares (NYSEARCA:RETL)

HighTower Advisors LLC bought a new position in shares of Direxion Daily Retail Bull 3X Shares (NYSEARCA:RETL) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,000 shares of the company’s stock, valued at approximately $99,000.

Separately, Virtu Financial LLC acquired a new position in shares of Direxion Daily Retail Bull 3X Shares during the 3rd quarter worth $397,000.

Direxion Daily Retail Bull 3X Shares Stock Down 3.5 %

Shares of NYSEARCA RETL opened at $4.94 on Friday. The firm has a 50-day moving average price of $7.76 and a 200 day moving average price of $9.07. Direxion Daily Retail Bull 3X Shares has a 52 week low of $4.40 and a 52 week high of $11.92. The stock has a market capitalization of $27.27 million, a price-to-earnings ratio of 12.40 and a beta of 4.07.

Direxion Daily Retail Bull 3X Shares Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were given a dividend of $0.0267 per share. This is an increase from Direxion Daily Retail Bull 3X Shares’s previous dividend of $0.02. The ex-dividend date of this dividend was Tuesday, March 25th.

Direxion Daily Retail Bull 3X Shares Profile

Direxion Daily Retail Bull 3x Shares, formerly Direxion Daily Retail Bull 2x Shares, seeks daily investment results, before fees and expenses, of 300% of the performance of the Russell 1000 Retail Index. The Retail Index is an index comprised of companies that sell to consumers those discretionary products supplied by manufacturers.