Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CURE) Stock Price Up 3.9% – Here’s Why

by · The Cerbat Gem

Direxion Daily Healthcare Bull 3x Shares (NYSEARCA:CURE – Get Free Report) rose 3.9% during trading on Thursday . The stock traded as high as $98.30 and last traded at $97.35. Approximately 120,984 shares traded hands during mid-day trading, an increase of 103% from the average daily volume of 59,630 shares. The stock had previously closed at $93.74.

Direxion Daily Healthcare Bull 3x Shares Stock Performance

The company has a 50-day simple moving average of $90.61 and a 200 day simple moving average of $104.15. The company has a market capitalization of $150.89 million, a P/E ratio of 20.81 and a beta of 1.72.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC increased its position in Direxion Daily Healthcare Bull 3x Shares by 16.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,150 shares of the company’s stock worth $169,000 after buying an additional 300 shares during the period. Headlands Technologies LLC bought a new position in Direxion Daily Healthcare Bull 3x Shares in the 2nd quarter worth approximately $34,000. Frazier Financial Advisors LLC bought a new position in Direxion Daily Healthcare Bull 3x Shares in the 4th quarter worth approximately $112,000. Qube Research & Technologies Ltd bought a new position in Direxion Daily Healthcare Bull 3x Shares in the 2nd quarter worth approximately $157,000. Finally, Onyx Bridge Wealth Group LLC bought a new position in Direxion Daily Healthcare Bull 3x Shares in the 3rd quarter worth approximately $206,000.

About Direxion Daily Healthcare Bull 3x Shares

(Get Free Report)

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.

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