Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CURE) Shares Sold by Bullseye Investment Management LLC

Bullseye Investment Management LLC cut its holdings in shares of Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CURE) by 70.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 13,861 shares of the company’s stock after selling 33,038 shares during the period. Direxion Daily Healthcare Bull 3x Shares accounts for about 0.8% of Bullseye Investment Management LLC’s holdings, making the stock its 26th largest holding. Bullseye Investment Management LLC’s holdings in Direxion Daily Healthcare Bull 3x Shares were worth $1,276,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Rovin Capital UT ADV increased its stake in shares of Direxion Daily Healthcare Bull 3x Shares by 53.0% in the 4th quarter. Rovin Capital UT ADV now owns 2,428 shares of the company’s stock worth $224,000 after acquiring an additional 841 shares during the last quarter. Prosperity Wealth Management Inc. purchased a new stake in shares of Direxion Daily Healthcare Bull 3x Shares in the fourth quarter valued at about $309,000. Virtu Financial LLC increased its position in Direxion Daily Healthcare Bull 3x Shares by 41.3% during the third quarter. Virtu Financial LLC now owns 3,419 shares of the company’s stock worth $455,000 after purchasing an additional 1,000 shares during the last quarter. SBI Securities Co. Ltd. purchased a new position in Direxion Daily Healthcare Bull 3x Shares during the fourth quarter worth about $1,768,000. Finally, IMC Chicago LLC acquired a new position in Direxion Daily Healthcare Bull 3x Shares in the 4th quarter valued at about $2,463,000.

Direxion Daily Healthcare Bull 3x Shares Price Performance

Direxion Daily Healthcare Bull 3x Shares stock opened at $103.34 on Friday. The firm has a 50 day simple moving average of $108.31 and a 200-day simple moving average of $111.70. The stock has a market cap of $155.01 million, a price-to-earnings ratio of 30.79 and a beta of 2.14. Direxion Daily Healthcare Bull 3x Shares has a 1-year low of $88.21 and a 1-year high of $143.51.

Direxion Daily Healthcare Bull 3x Shares Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th will be given a $0.3455 dividend. This is a positive change from Direxion Daily Healthcare Bull 3x Shares’s previous dividend of $0.33. The ex-dividend date is Tuesday, March 25th.

Direxion Daily Healthcare Bull 3x Shares Company Profile

The Direxion Daily Healthcare Bull 3X Shares (CURE) is an exchange-traded fund that is based on the Health Care Select Sector index. The fund provides 3x levered exposure to a market cap weighted sub-index of the S&P 500 that tracks the performance of US listed health care companies. CURE was launched on Jun 15, 2011 and is managed by Direxion.