Virtu Financial LLC Makes New Investment in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (NYSEARCA:GUSH)

Virtu Financial LLC purchased a new stake in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (NYSEARCA:GUSH) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 27,693 shares of the company’s stock, valued at approximately $770,000. Virtu Financial LLC owned about 0.23% of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. SBI Securities Co. Ltd. bought a new position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares in the fourth quarter worth about $105,000. Hodges Capital Management Inc. acquired a new stake in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares during the 3rd quarter worth approximately $282,000. IMC Chicago LLC bought a new stake in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares in the 4th quarter worth approximately $401,000. Finally, Impala Asset Management LLC boosted its position in Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares by 14.1% during the 3rd quarter. Impala Asset Management LLC now owns 250,654 shares of the company’s stock valued at $7,066,000 after purchasing an additional 30,954 shares during the period.

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares Price Performance

Shares of NYSEARCA GUSH opened at $27.39 on Tuesday. The firm has a market capitalization of $289.24 million, a PE ratio of 9.47 and a beta of 3.53. Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares has a 1-year low of $21.73 and a 1-year high of $44.99. The business’s fifty day moving average price is $28.29 and its two-hundred day moving average price is $29.15.

About Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares

The Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (GUSH) is an exchange-traded fund that mostly invests in energy equity. The fund provides 2x daily exposure to an equal-weighted index of the largest oil and gas exploration and production companies in the US. GUSH was launched on May 28, 2015 and is managed by Direxion.