Tower Research Capital LLC TRC Has $695,000 Position in Direxion Daily Aerospace & Defense Bull 3X Shares (NYSEARCA:DFEN)

Tower Research Capital LLC TRC increased its stake in shares of Direxion Daily Aerospace & Defense Bull 3X Shares (NYSEARCA:DFEN) by 394.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,067 shares of the company’s stock after acquiring an additional 9,626 shares during the quarter. Tower Research Capital LLC TRC owned approximately 1.21% of Direxion Daily Aerospace & Defense Bull 3X Shares worth $695,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Simplex Trading LLC raised its holdings in shares of Direxion Daily Aerospace & Defense Bull 3X Shares by 1,071.0% during the fourth quarter. Simplex Trading LLC now owns 1,171 shares of the company’s stock valued at $67,000 after purchasing an additional 1,071 shares during the period. TRUE Private Wealth Advisors grew its holdings in Direxion Daily Aerospace & Defense Bull 3X Shares by 7.2% during the fourth quarter. TRUE Private Wealth Advisors now owns 7,194 shares of the company’s stock worth $414,000 after buying an additional 486 shares in the last quarter. Finally, Traynor Capital Management Inc. raised its position in Direxion Daily Aerospace & Defense Bull 3X Shares by 10.2% in the 4th quarter. Traynor Capital Management Inc. now owns 12,780 shares of the company’s stock valued at $735,000 after buying an additional 1,183 shares during the last quarter.

NYSEARCA:DFEN traded down $1.15 during trading hours on Thursday, hitting $66.83. 1,759 shares of the company traded hands, compared to its average volume of 60,797. The firm’s 50-day simple moving average is $65.14 and its 200-day simple moving average is $59.93. Direxion Daily Aerospace & Defense Bull 3X Shares has a one year low of $40.77 and a one year high of $72.28.

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Institutional Ownership by Quarter for Direxion Daily Aerospace & Defense Bull 3X Shares (NYSEARCA:DFEN)

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