IMC Chicago LLC bought a new stake in Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 252,807 shares of the company’s stock, valued at approximately $8,967,000.
A number of other hedge funds have also recently added to or reduced their stakes in SPXS. PayPay Securities Corp lifted its holdings in shares of Direxion Daily S&P 500 Bear 3X Shares by 145.2% during the fourth quarter. PayPay Securities Corp now owns 3,008 shares of the company’s stock worth $107,000 after purchasing an additional 1,781 shares during the period. BTG Pactual Asset Management US LLC bought a new position in Direxion Daily S&P 500 Bear 3X Shares during the third quarter worth $220,000. Global Retirement Partners LLC raised its stake in Direxion Daily S&P 500 Bear 3X Shares by 12,458.3% during the third quarter. Global Retirement Partners LLC now owns 6,028 shares of the company’s stock worth $229,000 after buying an additional 5,980 shares during the last quarter. Kiker Wealth Management LLC bought a new position in Direxion Daily S&P 500 Bear 3X Shares during the third quarter worth $228,000. Finally, Group One Trading LLC bought a new position in Direxion Daily S&P 500 Bear 3X Shares during the third quarter worth $310,000.
Direxion Daily S&P 500 Bear 3X Shares Price Performance
Shares of NYSEARCA SPXS opened at $30.94 on Thursday. Direxion Daily S&P 500 Bear 3X Shares has a twelve month low of $30.40 and a twelve month high of $70.20. The firm has a fifty day simple moving average of $36.27 and a 200 day simple moving average of $35.90.
About Direxion Daily S&P 500 Bear 3X Shares
Direxion Daily S&P 500 Bear 3X Shares ETF, formerly Direxion Daily S&P 500 Bear 3X Shares, seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification. Most of the stocks in the Index are issued by the 500 largest companies, in terms of the aggregate market value of their outstanding stock, and generally are listed on the New York Stock Exchange.
See Also
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