Virtu Financial LLC Sells 20,442 Shares of Direxion Daily S&P 500 Bear 3X Shares $SPXS

Virtu Financial LLC reduced its holdings in shares of Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS) by 43.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,677 shares of the company’s stock after selling 20,442 shares during the period. Virtu Financial LLC owned 0.29% of Direxion Daily S&P 500 Bear 3X Shares worth $946,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. PayPay Securities Corp boosted its position in shares of Direxion Daily S&P 500 Bear 3X Shares by 145.2% during the 4th quarter. PayPay Securities Corp now owns 3,008 shares of the company’s stock valued at $107,000 after purchasing an additional 1,781 shares in the last quarter. JPMorgan Chase & Co. bought a new stake in Direxion Daily S&P 500 Bear 3X Shares in the second quarter worth approximately $119,000. BTG Pactual Asset Management US LLC acquired a new position in Direxion Daily S&P 500 Bear 3X Shares in the third quarter valued at approximately $220,000. Group One Trading LLC acquired a new position in Direxion Daily S&P 500 Bear 3X Shares in the third quarter valued at approximately $310,000. Finally, XTX Topco Ltd bought a new position in shares of Direxion Daily S&P 500 Bear 3X Shares during the 4th quarter worth approximately $348,000.

Direxion Daily S&P 500 Bear 3X Shares Stock Performance

Direxion Daily S&P 500 Bear 3X Shares stock opened at $26.67 on Monday. Direxion Daily S&P 500 Bear 3X Shares has a 52-week low of $25.53 and a 52-week high of $53.80. The stock’s 50 day moving average price is $28.77 and its two-hundred day moving average price is $33.50.

Direxion Daily S&P 500 Bear 3X Shares Company Profile

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.