Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) Trading 2.8% Higher

Shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) were up 2.8% on Wednesday . The stock traded as high as $45.64 and last traded at $45.59. Approximately 5,617,368 shares traded hands during trading, a decline of 34% from the average daily volume of 8,513,041 shares. The stock had previously closed at $44.33.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Stock Performance

The company’s 50 day simple moving average is $52.24 and its two-hundred day simple moving average is $52.75.

Institutional Trading of Direxion Daily 20 Year Plus Treasury Bull 3x Shares

Hedge funds have recently made changes to their positions in the business. Quadrature Capital Ltd acquired a new stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the third quarter worth about $175,000. Signet Financial Management LLC acquired a new stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the fourth quarter worth about $641,000. Rathbones Group PLC acquired a new stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares in the third quarter valued at approximately $255,000. Visionary Wealth Advisors raised its holdings in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 21.2% in the third quarter. Visionary Wealth Advisors now owns 17,290 shares of the company’s stock valued at $83,000 after acquiring an additional 3,030 shares in the last quarter. Finally, Barclays PLC raised its holdings in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 6.4% in the third quarter. Barclays PLC now owns 213,254 shares of the company’s stock valued at $1,028,000 after acquiring an additional 12,914 shares in the last quarter.

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.