Virtu Financial LLC Reduces Stake in Direxion Daily Mid Cap Bull 3X Shares (NYSEARCA:MIDU)

Virtu Financial LLC lowered its position in Direxion Daily Mid Cap Bull 3X Shares (NYSEARCA:MIDU) by 45.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,863 shares of the company’s stock after selling 21,064 shares during the period. Virtu Financial LLC owned approximately 1.31% of Direxion Daily Mid Cap Bull 3X Shares worth $1,312,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Morse Asset Management Inc bought a new stake in Direxion Daily Mid Cap Bull 3X Shares in the third quarter worth about $105,000.

Direxion Daily Mid Cap Bull 3X Shares Price Performance

Shares of NYSEARCA MIDU opened at $42.81 on Monday. The company has a market cap of $72.78 million, a P/E ratio of 18.38 and a beta of 3.42. Direxion Daily Mid Cap Bull 3X Shares has a 1 year low of $38.75 and a 1 year high of $70.24. The firm has a 50-day simple moving average of $52.30 and a two-hundred day simple moving average of $55.30.

About Direxion Daily Mid Cap Bull 3X Shares

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.