StoneX Group Inc. acquired a new position in shares of Direxion Daily S&P 500 Bear 1X ETF (NYSEARCA:SPDN – Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 72,195 shares of the company’s stock, valued at approximately $619,000.
Several other large investors also recently made changes to their positions in SPDN. Verus Capital Partners LLC increased its holdings in Direxion Daily S&P 500 Bear 1X ETF by 28.0% in the 3rd quarter. Verus Capital Partners LLC now owns 166,989 shares of the company’s stock valued at $1,416,000 after purchasing an additional 36,576 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. purchased a new position in Direxion Daily S&P 500 Bear 1X ETF in the third quarter valued at about $212,000. Choreo LLC lifted its stake in shares of Direxion Daily S&P 500 Bear 1X ETF by 38.9% during the third quarter. Choreo LLC now owns 213,377 shares of the company’s stock worth $1,809,000 after purchasing an additional 59,703 shares in the last quarter. VestGen Advisors LLC acquired a new position in shares of Direxion Daily S&P 500 Bear 1X ETF during the third quarter worth about $134,000. Finally, Vima LLC lifted its stake in shares of Direxion Daily S&P 500 Bear 1X ETF by 9.1% during the third quarter. Vima LLC now owns 18,424 shares of the company’s stock worth $156,000 after purchasing an additional 1,534 shares in the last quarter.
Direxion Daily S&P 500 Bear 1X ETF Stock Down 1.3%
Shares of NYSEARCA SPDN opened at $8.55 on Thursday. Direxion Daily S&P 500 Bear 1X ETF has a 1-year low of $8.28 and a 1-year high of $10.28. The business has a 50-day moving average of $8.50 and a 200-day moving average of $8.91.
Direxion Daily S&P 500 Bear 1X ETF Company Profile
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.
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