JFS Wealth Advisors LLC Has $27,000 Stock Position in Direxion Daily Technology Bear 3X Shares $TECS

JFS Wealth Advisors LLC lowered its position in shares of Direxion Daily Technology Bear 3X Shares (NYSEARCA:TECS) by 52.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,000 shares of the company’s stock after selling 1,100 shares during the quarter. JFS Wealth Advisors LLC’s holdings in Direxion Daily Technology Bear 3X Shares were worth $27,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Virtu Financial LLC boosted its position in Direxion Daily Technology Bear 3X Shares by 253.9% during the 1st quarter. Virtu Financial LLC now owns 24,789 shares of the company’s stock worth $1,568,000 after acquiring an additional 17,784 shares during the last quarter. Smithfield Trust Co acquired a new stake in shares of Direxion Daily Technology Bear 3X Shares in the 1st quarter valued at approximately $776,000. Finally, SouthState Corp acquired a new stake in shares of Direxion Daily Technology Bear 3X Shares in the 1st quarter valued at approximately $32,000.

Direxion Daily Technology Bear 3X Shares Price Performance

NYSEARCA TECS opened at $19.91 on Monday. Direxion Daily Technology Bear 3X Shares has a 12 month low of $17.57 and a 12 month high of $101.82. The stock has a 50 day moving average of $22.09 and a 200-day moving average of $33.84.

About Direxion Daily Technology Bear 3X Shares

The Direxion Daily Technology Bear 3X Shares (TECS) is an exchange-traded fund that is based on the Technology Select Sector index. The fund provides 3x leveraged inverse exposure to a market-cap-weighted index of US large-cap technology companies. TECS was launched on Dec 17, 2008 and is managed by Direxion.