Toth Financial Advisory Corp trimmed its stake in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares (NYSEARCA:EDC – Free Report) by 34.5% in the fourth quarter, HoldingsChannel reports. The firm owned 3,570 shares of the company’s stock after selling 1,881 shares during the quarter. Toth Financial Advisory Corp’s holdings in Direxion Daily MSCI Emerging Markets Bull 3X Shares were worth $103,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently modified their holdings of EDC. Tidal Investments LLC acquired a new position in shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares in the third quarter valued at approximately $7,643,000. Virtu Financial LLC grew its holdings in Direxion Daily MSCI Emerging Markets Bull 3X Shares by 57.2% in the 3rd quarter. Virtu Financial LLC now owns 75,880 shares of the company’s stock valued at $2,881,000 after buying an additional 27,602 shares in the last quarter. Finally, Flow Traders U.S. LLC increased its position in Direxion Daily MSCI Emerging Markets Bull 3X Shares by 12.6% during the 3rd quarter. Flow Traders U.S. LLC now owns 64,893 shares of the company’s stock worth $2,464,000 after buying an additional 7,274 shares during the period.
Direxion Daily MSCI Emerging Markets Bull 3X Shares Stock Performance
Shares of Direxion Daily MSCI Emerging Markets Bull 3X Shares stock opened at $30.76 on Friday. The firm has a 50-day moving average of $30.22 and a 200-day moving average of $32.72. Direxion Daily MSCI Emerging Markets Bull 3X Shares has a 52-week low of $25.01 and a 52-week high of $41.94. The stock has a market cap of $82.44 million, a PE ratio of 12.03 and a beta of 2.74.
Direxion Daily MSCI Emerging Markets Bull 3X Shares Company Profile
The Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund provides 3x leveraged exposure to a market-cap-weighted index of companies operating in emerging markets. EDC was launched on Dec 17, 2008 and is managed by Direxion.
Read More
- Five stocks we like better than Direxion Daily MSCI Emerging Markets Bull 3X Shares
- What is the S&P 500 and How It is Distinct from Other Indexes
- Bloom Energy: Powering the Future With Decentralized Energy
- What Are Dividend Challengers?
- Dividend Powerhouses: Blue-Chip Stocks Built for the Long Haul
- Breakout Stocks: What They Are and How to Identify Them
- Why Traders Are Buying the Dip on Johnson & Johnson Stock
Want to see what other hedge funds are holding EDC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily MSCI Emerging Markets Bull 3X Shares (NYSEARCA:EDC – Free Report).
Receive News & Ratings for Direxion Daily MSCI Emerging Markets Bull 3X Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily MSCI Emerging Markets Bull 3X Shares and related companies with MarketBeat.com's FREE daily email newsletter.
