Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS) Shares Gap Up to $25.86

Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXSGet Rating)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $25.86, but opened at $26.91. Direxion Daily S&P 500 Bear 3X Shares shares last traded at $27.21, with a volume of 398,790 shares.

Direxion Daily S&P 500 Bear 3X Shares Stock Up 4.9 %

The business’s fifty day moving average is $21.47 and its 200 day moving average is $22.06.

Institutional Investors Weigh In On Direxion Daily S&P 500 Bear 3X Shares

A number of hedge funds have recently modified their holdings of the stock. IMC Chicago LLC raised its holdings in Direxion Daily S&P 500 Bear 3X Shares by 377.3% during the 2nd quarter. IMC Chicago LLC now owns 1,190,175 shares of the company’s stock valued at $31,730,000 after acquiring an additional 940,839 shares during the period. David R. Rahn & Associates Inc. bought a new stake in Direxion Daily S&P 500 Bear 3X Shares during the 1st quarter valued at $19,985,000. Simplex Trading LLC grew its position in shares of Direxion Daily S&P 500 Bear 3X Shares by 1,916.4% during the 2nd quarter. Simplex Trading LLC now owns 193,028 shares of the company’s stock valued at $5,146,000 after purchasing an additional 183,455 shares in the last quarter. Virtu Financial LLC purchased a new position in shares of Direxion Daily S&P 500 Bear 3X Shares during the 4th quarter valued at $2,692,000. Finally, TRU Independence Asset Management 2 LLC purchased a new position in shares of Direxion Daily S&P 500 Bear 3X Shares during the 2nd quarter valued at $1,777,000.

Direxion Daily S&P 500 Bear 3X Shares Company Profile

(Get Rating)

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.

See Also



Receive News & Ratings for Direxion Daily S&P 500 Bear 3X Shares Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Direxion Daily S&P 500 Bear 3X Shares and related companies with MarketBeat.com’s FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *