StoneX Group Inc. Acquires 72,195 Shares of Direxion Daily S&P 500 Bear 1X ETF $SPDN

StoneX Group Inc. acquired a new position in shares of Direxion Daily S&P 500 Bear 1X ETF (NYSEARCA:SPDN) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 72,195 shares of the company’s stock, valued at approximately $619,000. StoneX Group Inc. owned about 0.20% of Direxion Daily S&P 500 Bear 1X ETF as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in SPDN. Rockport Wealth LLC raised its position in shares of Direxion Daily S&P 500 Bear 1X ETF by 3.8% in the 1st quarter. Rockport Wealth LLC now owns 2,904,522 shares of the company’s stock worth $28,911,000 after buying an additional 105,788 shares during the period. IMC Chicago LLC grew its position in Direxion Daily S&P 500 Bear 1X ETF by 306.9% during the first quarter. IMC Chicago LLC now owns 974,315 shares of the company’s stock valued at $9,694,000 after acquiring an additional 734,884 shares during the period. NewEdge Advisors LLC grew its position in Direxion Daily S&P 500 Bear 1X ETF by 69.6% during the first quarter. NewEdge Advisors LLC now owns 841,700 shares of the company’s stock valued at $8,375,000 after acquiring an additional 345,450 shares during the period. First Pacific Financial purchased a new stake in Direxion Daily S&P 500 Bear 1X ETF during the third quarter valued at about $2,315,000. Finally, Cushing Capital Partners LLC increased its stake in Direxion Daily S&P 500 Bear 1X ETF by 32.4% during the third quarter. Cushing Capital Partners LLC now owns 236,523 shares of the company’s stock worth $2,006,000 after acquiring an additional 57,902 shares during the last quarter.

Direxion Daily S&P 500 Bear 1X ETF Stock Performance

Shares of NYSEARCA:SPDN opened at $8.55 on Thursday. The business has a 50-day moving average of $8.50 and a two-hundred day moving average of $8.91. Direxion Daily S&P 500 Bear 1X ETF has a 12 month low of $8.28 and a 12 month high of $10.28.

About Direxion Daily S&P 500 Bear 1X ETF

The Direxion Daily S&P 500 Bear 1X Shares (SPDN) is an exchange-traded fund that is based on the S&P 500 index. The fund provides daily inverse exposure to the S&P 500, a market-cap-weighted index of 500 US large-cap firms selected by the S&Ps index committee. SPDN was launched on Jun 8, 2016 and is managed by Direxion.