Toth Financial Advisory Corp boosted its position in shares of Direxion Daily Mid Cap Bull 3X Shares (NYSEARCA:MIDU – Free Report) by 36.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 12,277 shares of the company’s stock after acquiring an additional 3,249 shares during the quarter. Toth Financial Advisory Corp’s holdings in Direxion Daily Mid Cap Bull 3X Shares were worth $648,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MIDU. Traynor Capital Management Inc. boosted its stake in shares of Direxion Daily Mid Cap Bull 3X Shares by 20.2% during the third quarter. Traynor Capital Management Inc. now owns 5,267 shares of the company’s stock worth $289,000 after buying an additional 885 shares during the period. Morse Asset Management Inc purchased a new stake in Direxion Daily Mid Cap Bull 3X Shares during the 3rd quarter valued at approximately $105,000. Finally, Virtu Financial LLC raised its stake in Direxion Daily Mid Cap Bull 3X Shares by 10.4% during the 3rd quarter. Virtu Financial LLC now owns 45,927 shares of the company’s stock valued at $2,524,000 after acquiring an additional 4,313 shares during the last quarter.
Direxion Daily Mid Cap Bull 3X Shares Trading Down 0.6 %
Shares of MIDU stock opened at $60.22 on Friday. The company has a market capitalization of $114.42 million, a P/E ratio of 21.95 and a beta of 3.28. The business’s 50 day moving average is $59.07 and its two-hundred day moving average is $55.31. Direxion Daily Mid Cap Bull 3X Shares has a twelve month low of $40.63 and a twelve month high of $70.24.
Direxion Daily Mid Cap Bull 3X Shares Profile
The Direxion Daily Mid Cap Bull 3X Shares (MIDU) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund provides 3x leveraged exposure to a market cap-weighted index of US mid-cap companies. MIDU was launched on Jan 8, 2009 and is managed by Direxion.
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Want to see what other hedge funds are holding MIDU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily Mid Cap Bull 3X Shares (NYSEARCA:MIDU – Free Report).
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