LifeGuide Financial Advisors LLC Takes Position in Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV)

LifeGuide Financial Advisors LLC purchased a new position in shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 23,650 shares of the exchange traded fund’s stock, valued at approximately $792,000. Direxion Daily 20 Year Plus Treasury Bear 3x Shares accounts for approximately 0.4% of LifeGuide Financial Advisors LLC’s investment portfolio, making the stock its 20th largest holding. LifeGuide Financial Advisors LLC owned approximately 0.31% of Direxion Daily 20 Year Plus Treasury Bear 3x Shares at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in TMV. Pacific Capital Wealth Advisors Inc. bought a new position in Direxion Daily 20 Year Plus Treasury Bear 3x Shares in the 4th quarter valued at $43,000. Citigroup Inc. lifted its holdings in Direxion Daily 20 Year Plus Treasury Bear 3x Shares by 343.2% during the 3rd quarter. Citigroup Inc. now owns 6,076 shares of the exchange traded fund’s stock valued at $268,000 after buying an additional 4,705 shares in the last quarter. Simplex Trading LLC purchased a new stake in shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares in the fourth quarter valued at approximately $274,000. XR Securities LLC bought a new position in Direxion Daily 20 Year Plus Treasury Bear 3x Shares in the fourth quarter worth approximately $568,000. Finally, Cim LLC bought a new stake in Direxion Daily 20 Year Plus Treasury Bear 3x Shares during the 4th quarter valued at $3,876,000.

Direxion Daily 20 Year Plus Treasury Bear 3x Shares Stock Up 5.0 %

NYSEARCA:TMV traded up $1.79 during mid-day trading on Monday, reaching $37.68. The company’s stock had a trading volume of 1,057,072 shares, compared to its average volume of 2,405,838. Direxion Daily 20 Year Plus Treasury Bear 3x Shares has a 1 year low of $28.14 and a 1 year high of $53.77. The stock has a fifty day moving average of $36.95 and a 200-day moving average of $34.96.

Direxion Daily 20 Year Plus Treasury Bear 3x Shares Profile

Direxion Daily 20 Year Plus Treasury Bear 3x Shares (the Fund), formerly Direxion Daily 30-Year Treasury Bear 3x Shares, seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the NYSE 20 Year Plus Treasury Bond Index (the Index). The Index is a multiple-security fixed income index that aims to track the total returns of the long-term 20-year and greater maturity range of the United States Treasury bond market.