IMC Chicago LLC Has $2.01 Million Stake in Direxion Daily 20+ Year Treasury Bear 3x Shares $TMV

IMC Chicago LLC trimmed its stake in Direxion Daily 20+ Year Treasury Bear 3x Shares (NYSEARCA:TMV) by 67.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 53,995 shares of the exchange traded fund’s stock after selling 109,597 shares during the quarter. IMC Chicago LLC owned 1.23% of Direxion Daily 20+ Year Treasury Bear 3x Shares worth $2,006,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also made changes to their positions in the company. Prelude Capital Management LLC increased its stake in Direxion Daily 20+ Year Treasury Bear 3x Shares by 957.2% in the 3rd quarter. Prelude Capital Management LLC now owns 80,240 shares of the exchange traded fund’s stock valued at $2,812,000 after buying an additional 72,650 shares during the period. Cim LLC boosted its stake in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares by 0.8% during the 3rd quarter. Cim LLC now owns 143,168 shares of the exchange traded fund’s stock valued at $5,017,000 after buying an additional 1,194 shares during the period. Group One Trading LLC acquired a new stake in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares during the 3rd quarter valued at $75,000. Finally, Creative Planning purchased a new position in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares during the 2nd quarter valued at $236,000.

Direxion Daily 20+ Year Treasury Bear 3x Shares Stock Down 0.9%

NYSEARCA TMV opened at $38.36 on Friday. Direxion Daily 20+ Year Treasury Bear 3x Shares has a 1-year low of $31.82 and a 1-year high of $44.30. The firm’s fifty day simple moving average is $36.60 and its 200-day simple moving average is $35.81.

About Direxion Daily 20+ Year Treasury Bear 3x Shares

Direxion Daily 20 Year Plus Treasury Bear 3x Shares (the Fund), formerly Direxion Daily 30-Year Treasury Bear 3x Shares, seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the NYSE 20 Year Plus Treasury Bond Index (the Index). The Index is a multiple-security fixed income index that aims to track the total returns of the long-term 20-year and greater maturity range of the United States Treasury bond market. The Index constituent bonds are weighted by their relative amounts outstanding.