GTS Securities LLC Acquires 22,536 Shares of Direxion Daily Energy Bear 2X Shares (NYSEARCA:ERY)

GTS Securities LLC boosted its stake in shares of Direxion Daily Energy Bear 2X Shares (NYSEARCA:ERY) by 31.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 95,172 shares of the exchange traded fund’s stock after buying an additional 22,536 shares during the period. GTS Securities LLC owned approximately 0.09% of Direxion Daily Energy Bear 2X Shares worth $2,402,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. SBI Securities Co. Ltd. acquired a new position in shares of Direxion Daily Energy Bear 2X Shares in the fourth quarter valued at approximately $27,000. Bank of America Corp DE acquired a new position in Direxion Daily Energy Bear 2X Shares in the 4th quarter worth $45,000. Tower Research Capital LLC TRC increased its holdings in Direxion Daily Energy Bear 2X Shares by 126.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 35,783 shares of the exchange traded fund’s stock worth $903,000 after purchasing an additional 20,010 shares in the last quarter. Finally, Virtu Financial LLC increased its holdings in Direxion Daily Energy Bear 2X Shares by 92.5% during the 4th quarter. Virtu Financial LLC now owns 84,339 shares of the exchange traded fund’s stock worth $2,128,000 after purchasing an additional 40,523 shares in the last quarter.

Direxion Daily Energy Bear 2X Shares Stock Performance

Shares of Direxion Daily Energy Bear 2X Shares stock opened at $24.89 on Friday. The stock’s 50-day moving average is $24.37 and its 200-day moving average is $23.45. Direxion Daily Energy Bear 2X Shares has a one year low of $19.64 and a one year high of $31.02.

Direxion Daily Energy Bear 2X Shares Company Profile

The Direxion Daily Energy Bear 2X Shares (ERY) is an exchange-traded fund that is based on the Energy Select Sector index. The fund provides 2x inverse exposure to a market-cap-weighted index of US large-cap companies in the energy industry. ERY was launched on Nov 6, 2008 and is managed by Direxion.