Direxion Shares Exchange Traded Fund Trust (ERX) Shares Sold by Traynor Capital Management Inc.

Traynor Capital Management Inc. cut its stake in shares of Direxion Shares Exchange Traded Fund Trust (NYSE:ERX) by 19.4% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 17,083 shares of the company’s stock after selling 4,124 shares during the period. Traynor Capital Management Inc.’s holdings in Direxion Shares Exchange Traded Fund Trust were worth $512,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. TRUE Private Wealth Advisors raised its position in Direxion Shares Exchange Traded Fund Trust by 8.0% during the second quarter. TRUE Private Wealth Advisors now owns 8,212 shares of the company’s stock worth $205,000 after acquiring an additional 606 shares during the period. Intellectus Partners LLC raised its position in shares of Direxion Shares Exchange Traded Fund Trust by 33.3% in the second quarter. Intellectus Partners LLC now owns 8,000 shares of the company’s stock valued at $200,000 after buying an additional 2,000 shares during the last quarter. SG Americas Securities LLC raised its position in shares of Direxion Shares Exchange Traded Fund Trust by 10.7% in the second quarter. SG Americas Securities LLC now owns 24,900 shares of the company’s stock valued at $624,000 after buying an additional 2,400 shares during the last quarter. Timber Hill LLC acquired a new stake in shares of Direxion Shares Exchange Traded Fund Trust in the second quarter valued at about $283,000. Finally, Virtu KCG Holdings LLC acquired a new stake in shares of Direxion Shares Exchange Traded Fund Trust in the second quarter valued at about $495,000.

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Shares of Direxion Shares Exchange Traded Fund Trust (NYSE:ERX) traded up 0.38% during midday trading on Tuesday, hitting $28.92. 369,370 shares of the stock were exchanged. Direxion Shares Exchange Traded Fund Trust has a 12-month low of $21.37 and a 12-month high of $44.55. The firm has a 50-day moving average price of $28.67 and a 200 day moving average price of $26.61.

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Institutional Ownership by Quarter for Direxion Shares Exchange Traded Fund Trust (NYSE:ERX)

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