Hillsdale Investment Management Inc. Grows Stock Position in Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF)

Hillsdale Investment Management Inc. raised its position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares (NYSEARCA:TMF) by 64.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,823 shares of the company’s stock after acquiring an additional 2,685 shares during the period. Hillsdale Investment Management Inc.’s holdings in Direxion Daily 20 Year Plus Treasury Bull 3x Shares were worth $273,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in TMF. SBI Securities Co. Ltd. bought a new stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the 4th quarter worth approximately $25,384,000. JPMorgan Chase & Co. increased its stake in Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 626.8% in the third quarter. JPMorgan Chase & Co. now owns 287,834 shares of the company’s stock worth $16,625,000 after purchasing an additional 248,230 shares during the period. BNP Paribas Financial Markets lifted its position in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 29.3% during the third quarter. BNP Paribas Financial Markets now owns 166,647 shares of the company’s stock worth $9,626,000 after purchasing an additional 37,729 shares during the last quarter. PPSC Investment Service Corp boosted its stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares by 185.5% during the fourth quarter. PPSC Investment Service Corp now owns 113,852 shares of the company’s stock valued at $4,551,000 after purchasing an additional 73,975 shares during the period. Finally, Hollencrest Capital Management purchased a new stake in shares of Direxion Daily 20 Year Plus Treasury Bull 3x Shares during the fourth quarter valued at $3,040,000.

Direxion Daily 20 Year Plus Treasury Bull 3x Shares Stock Performance

NYSEARCA TMF opened at $42.69 on Tuesday. Direxion Daily 20 Year Plus Treasury Bull 3x Shares has a 12 month low of $36.51 and a 12 month high of $64.98. The company’s 50-day moving average price is $42.27 and its 200-day moving average price is $46.69.

About Direxion Daily 20 Year Plus Treasury Bull 3x Shares

Direxion Daily 20 Year Plus Treasury Bull 3x Shares (the Fund), formerly Direxion Daily 30-Year Treasury Bull 3X Shares, seeks daily investment results of 300% of the price performance of the NYSE 20 Year Plus Treasury Bond Index (the Index). The Index is a multiple-security fixed income index that aims to track the total returns of the long-term 20-year and greater maturity range of the United States Treasury bond market.