Patriot Investment Management Group Inc. acquired a new position in Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS – Free Report) during the 4th quarter, HoldingsChannel reports. The fund acquired 20,000 shares of the company’s stock, valued at approximately $126,000.
Other large investors also recently bought and sold shares of the company. AFG Fiduciary Services Limited Partnership acquired a new stake in shares of Direxion Daily S&P 500 Bear 3X Shares in the fourth quarter valued at about $178,000. XTX Topco Ltd acquired a new stake in Direxion Daily S&P 500 Bear 3X Shares in the 3rd quarter valued at about $101,000. Embree Financial Group purchased a new position in Direxion Daily S&P 500 Bear 3X Shares in the 3rd quarter worth approximately $99,000. Lazari Capital Management Inc. boosted its holdings in shares of Direxion Daily S&P 500 Bear 3X Shares by 342.8% during the 2nd quarter. Lazari Capital Management Inc. now owns 49,150 shares of the company’s stock worth $386,000 after purchasing an additional 38,050 shares during the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in shares of Direxion Daily S&P 500 Bear 3X Shares in the second quarter valued at approximately $655,000.
Direxion Daily S&P 500 Bear 3X Shares Trading Up 0.9 %
Shares of Direxion Daily S&P 500 Bear 3X Shares stock opened at $5.65 on Friday. The business’s 50 day moving average price is $6.01 and its 200 day moving average price is $6.76. Direxion Daily S&P 500 Bear 3X Shares has a one year low of $5.58 and a one year high of $11.14.
About Direxion Daily S&P 500 Bear 3X Shares
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.
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Want to see what other hedge funds are holding SPXS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS – Free Report).
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