Larson Financial Group LLC lessened its holdings in Direxion Daily NYSE FANG+ Bull 2X Shares (NYSEARCA:FNGG – Free Report) by 84.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 666 shares of the company’s stock after selling 3,533 shares during the quarter. Larson Financial Group LLC owned approximately 0.18% of Direxion Daily NYSE FANG+ Bull 2X Shares worth $94,000 at the end of the most recent reporting period.
Separately, Watts Gwilliam & Co. LLC bought a new position in Direxion Daily NYSE FANG+ Bull 2X Shares during the 3rd quarter worth approximately $569,000.
Direxion Daily NYSE FANG+ Bull 2X Shares Stock Performance
Direxion Daily NYSE FANG+ Bull 2X Shares stock opened at $160.62 on Friday. Direxion Daily NYSE FANG+ Bull 2X Shares has a 52-week low of $78.00 and a 52-week high of $170.87. The firm has a 50 day moving average price of $151.53 and a two-hundred day moving average price of $141.51. The firm has a market cap of $61.01 million, a price-to-earnings ratio of 77.70 and a beta of 3.37.
Direxion Daily NYSE FANG+ Bull 2X Shares Profile
The Direxion Daily Select Large Caps & FANGs Bull 2X Shares (FNGG) is an exchange-traded fund that is based on the ICE FANG 20 index. The fund provides 2x the daily price movements of an equal-weighted index consists of FANG stocks and other growth stocks of technology and tech-enabled companies. FNGG was launched on Sep 30, 2021 and is managed by Direxion.
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