Atlantic Union Bankshares Corp bought a new stake in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares (NYSEARCA:TMV – Free Report) during the 2nd quarter, HoldingsChannel reports. The firm bought 3,000 shares of the exchange traded fund’s stock, valued at approximately $111,000.
Several other hedge funds have also recently modified their holdings of TMV. Cary Street Partners Financial LLC bought a new position in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares during the first quarter valued at $260,000. Cim LLC raised its position in Direxion Daily 20+ Year Treasury Bear 3x Shares by 1.6% in the 1st quarter. Cim LLC now owns 142,138 shares of the exchange traded fund’s stock worth $4,938,000 after buying an additional 2,257 shares during the last quarter. Snider Financial Group purchased a new position in Direxion Daily 20+ Year Treasury Bear 3x Shares in the 2nd quarter worth about $1,847,000. Finally, Simplex Trading LLC bought a new position in Direxion Daily 20+ Year Treasury Bear 3x Shares during the 2nd quarter valued at about $469,000.
Direxion Daily 20+ Year Treasury Bear 3x Shares Stock Up 0.6%
Shares of NYSEARCA TMV opened at $34.47 on Monday. The firm’s 50-day moving average price is $34.53 and its 200-day moving average price is $37.43. Direxion Daily 20+ Year Treasury Bear 3x Shares has a 52-week low of $31.03 and a 52-week high of $44.30.
Direxion Daily 20+ Year Treasury Bear 3x Shares Profile
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.
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Want to see what other hedge funds are holding TMV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily 20+ Year Treasury Bear 3x Shares (NYSEARCA:TMV – Free Report).
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