Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) by 626.8% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 287,834 shares of the company’s stock after purchasing an additional 248,230 shares during the quarter. JPMorgan Chase & Co.’s holdings in Direxion Daily 20 Year Plus Treasury Bull 3x Shares were worth $16,625,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in TMF. Turim 21 Investimentos Ltda. increased its holdings in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 415.0% during the 2nd quarter. Turim 21 Investimentos Ltda. now owns 1,849 shares of the company’s stock valued at $90,000 after acquiring an additional 1,490 shares in the last quarter. Hollencrest Capital Management acquired a new stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the second quarter valued at approximately $96,000. HighTower Advisors LLC purchased a new position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the 3rd quarter worth approximately $209,000. Sanctuary Advisors LLC acquired a new position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the 2nd quarter worth approximately $342,000. Finally, X Square Capital LLC raised its position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 39.5% during the 3rd quarter. X Square Capital LLC now owns 6,000 shares of the company’s stock worth $347,000 after purchasing an additional 1,700 shares during the last quarter.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Trading Down 2.1 %

Shares of NYSEARCA:TMF opened at $37.30 on Friday. The business’s fifty day moving average price is $44.55 and its two-hundred day moving average price is $50.93. Direxion Daily 20 Year Plus Treasury Bull 3x Shares has a one year low of $36.87 and a one year high of $64.98.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Company Profile

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (the Fund), formerly Direxion Daily 30-Year Treasury Bull 3X Shares, seeks daily investment results of 300% of the price performance of the NYSE 20 Year Plus Treasury Bond Index (the Index). The Index is a multiple-security fixed income index that aims to track the total returns of the long-term 20-year and greater maturity range of the United States Treasury bond market.