Larson Financial Group LLC Makes New Investment in Direxion Daily Mid Cap Bull 3X Shares (NYSEARCA:MIDU)

Larson Financial Group LLC purchased a new position in shares of Direxion Daily Mid Cap Bull 3X Shares (NYSEARCA:MIDU) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 2,205 shares of the company’s stock, valued at approximately $98,000. Larson Financial Group LLC owned approximately 0.14% of Direxion Daily Mid Cap Bull 3X Shares as of its most recent filing with the SEC.

Separately, Pathstone Family Office LLC bought a new position in shares of Direxion Daily Mid Cap Bull 3X Shares in the 3rd quarter worth $863,000.

Direxion Daily Mid Cap Bull 3X Shares Stock Down 1.5 %

Shares of MIDU opened at $47.15 on Friday. Direxion Daily Mid Cap Bull 3X Shares has a 12-month low of $26.75 and a 12-month high of $56.76. The business’s fifty day moving average is $49.92 and its 200 day moving average is $42.17. The stock has a market cap of $70.73 million, a P/E ratio of 19.27 and a beta of 3.28.

About Direxion Daily Mid Cap Bull 3X Shares

The Direxion Daily Mid Cap Bull 3X Shares (MIDU) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund provides 3x leveraged exposure to a market cap-weighted index of US mid-cap companies. MIDU was launched on Jan 8, 2009 and is managed by Direxion.