SG Americas Securities LLC purchased a new stake in shares of Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 8,307 shares of the company’s stock, valued at approximately $370,000.

Separately, Gainplan LLC raised its holdings in Direxion Daily S&P 500 Bull 3X by 116.6% during the first quarter. Gainplan LLC now owns 1,458,992 shares of the company’s stock valued at $60,242,000 after acquiring an additional 785,466 shares during the period.

NYSEARCA:SPXL traded up $1.90 on Friday, reaching $46.17. 8,056,835 shares of the company’s stock traded hands, compared to its average volume of 4,386,033. Direxion Daily S&P 500 Bull 3X has a 12 month low of $36.82 and a 12 month high of $55.95.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 2nd. Shareholders of record on Wednesday, September 26th were issued a dividend of $0.1136 per share. The ex-dividend date of this dividend was Tuesday, September 25th. This is a boost from Direxion Daily S&P 500 Bull 3X’s previous quarterly dividend of $0.01. This represents a $0.45 dividend on an annualized basis and a yield of 0.98%.

Direxion Daily S&P 500 Bull 3X Company Profile

Direxion Daily S&P 500 Bull 3X Shares, formerly Direxion Daily Large Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification.

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Institutional Ownership by Quarter for Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL)

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