Virtu Financial LLC boosted its position in shares of Direxion Daily S&P 500 High Beta Bear 3X Shares (NYSEARCA:HIBS – Free Report) by 322.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 168,005 shares of the company’s stock after acquiring an additional 128,276 shares during the period. Virtu Financial LLC’s holdings in Direxion Daily S&P 500 High Beta Bear 3X Shares were worth $847,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Choreo LLC acquired a new stake in shares of Direxion Daily S&P 500 High Beta Bear 3X Shares in the third quarter valued at about $2,366,000. Prosperity Wealth Management Inc. increased its stake in shares of Direxion Daily S&P 500 High Beta Bear 3X Shares by 213.9% in the third quarter. Prosperity Wealth Management Inc. now owns 249,733 shares of the company’s stock worth $1,621,000 after purchasing an additional 170,165 shares during the period. Tower Research Capital LLC TRC acquired a new position in shares of Direxion Daily S&P 500 High Beta Bear 3X Shares during the 2nd quarter worth about $219,000. HRT Financial LP acquired a new position in shares of Direxion Daily S&P 500 High Beta Bear 3X Shares during the 4th quarter worth about $59,000. Finally, StoneX Group Inc. bought a new stake in Direxion Daily S&P 500 High Beta Bear 3X Shares during the 4th quarter valued at approximately $55,000.
Direxion Daily S&P 500 High Beta Bear 3X Shares Stock Performance
Shares of NYSEARCA:HIBS opened at $18.07 on Monday. The business has a 50 day moving average price of $26.64 and a 200 day moving average price of $38.94. Direxion Daily S&P 500 High Beta Bear 3X Shares has a twelve month low of $17.70 and a twelve month high of $116.40.
Direxion Daily S&P 500 High Beta Bear 3X Shares Company Profile
The Direxion Daily S&P 500 High Beta Bear 3X Shares (HIBS) is an exchange-traded fund that is based on the S&P 500 High Beta index. The fund provides 3x daily inverse exposure to a beta-weighted index of 100 highest-beta stocks in the S&P 500. HIBS was launched on Nov 7, 2019 and is managed by Direxion.
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