ORG Partners LLC Acquires 129,144 Shares of Direxion Daily S&P 500 Bear 1x Shares $SPDN

ORG Partners LLC boosted its holdings in Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDNFree Report) by 6,132.2% during the third quarter, Holdings Channel.com reports. The firm owned 131,250 shares of the company’s stock after acquiring an additional 129,144 shares during the quarter. ORG Partners LLC’s holdings in Direxion Daily S&P 500 Bear 1x Shares were worth $1,261,000 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. Simplex Trading LLC lifted its holdings in shares of Direxion Daily S&P 500 Bear 1x Shares by 139.5% during the second quarter. Simplex Trading LLC now owns 2,635 shares of the company’s stock valued at $27,000 after purchasing an additional 1,535 shares during the last quarter. SBI Securities Co. Ltd. increased its position in Direxion Daily S&P 500 Bear 1x Shares by 90.4% during the 2nd quarter. SBI Securities Co. Ltd. now owns 8,516 shares of the company’s stock valued at $88,000 after buying an additional 4,044 shares in the last quarter. Intellectus Partners LLC purchased a new position in Direxion Daily S&P 500 Bear 1x Shares during the second quarter valued at $157,000. IHT Wealth Management LLC purchased a new position in Direxion Daily S&P 500 Bear 1x Shares during the second quarter valued at $159,000. Finally, XTX Topco Ltd bought a new stake in Direxion Daily S&P 500 Bear 1x Shares in the second quarter worth $181,000.

Direxion Daily S&P 500 Bear 1x Shares Stock Down 0.7%

SPDN opened at $9.28 on Friday. The stock has a 50-day moving average price of $9.50 and a 200-day moving average price of $9.78. Direxion Daily S&P 500 Bear 1x Shares has a 1 year low of $9.27 and a 1 year high of $13.35.

Direxion Daily S&P 500 Bear 1x Shares Company Profile

(Free Report)

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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Want to see what other hedge funds are holding SPDN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDNFree Report).

Institutional Ownership by Quarter for Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDN)

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