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

Virtu Financial LLC lowered its stake in shares of Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS) by 43.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 26,677 shares of the company’s stock after selling 20,442 shares during the quarter. Virtu Financial LLC’s holdings in Direxion Daily S&P 500 Bear 3X Shares were worth $946,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in SPXS. Daytona Street Capital LLC acquired a new stake in shares of Direxion Daily S&P 500 Bear 3X Shares in the 4th quarter valued at about $1,376,000. IMC Chicago LLC acquired a new position in Direxion Daily S&P 500 Bear 3X Shares during the 4th quarter worth approximately $8,967,000. Jump Financial LLC acquired a new position in Direxion Daily S&P 500 Bear 3X Shares during the 2nd quarter worth approximately $1,537,000. Tower Research Capital LLC TRC boosted its holdings in Direxion Daily S&P 500 Bear 3X Shares by 174.4% in the second quarter. Tower Research Capital LLC TRC now owns 107,891 shares of the company’s stock worth $506,000 after acquiring an additional 68,566 shares in the last quarter. Finally, Quadrature Capital Ltd bought a new position in Direxion Daily S&P 500 Bear 3X Shares in the fourth quarter worth approximately $1,063,000.

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

Shares of 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 has a 50 day moving average price of $28.77 and a two-hundred day moving average price of $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.