Virtu Financial LLC Purchases New Position in Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS)

Virtu Financial LLC bought a new position in shares of Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 775,719 shares of the company’s stock, valued at approximately $4,872,000. Virtu Financial LLC owned 1.35% of Direxion Daily S&P 500 Bear 3X Shares as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. PayPay Securities Corp lifted its position in Direxion Daily S&P 500 Bear 3X Shares by 128.3% during the fourth quarter. PayPay Securities Corp now owns 7,158 shares of the company’s stock valued at $45,000 after purchasing an additional 4,023 shares during the period. XTX Topco Ltd purchased a new stake in Direxion Daily S&P 500 Bear 3X Shares during the 3rd quarter valued at about $101,000. Gimbal Financial purchased a new stake in Direxion Daily S&P 500 Bear 3X Shares during the 4th quarter valued at about $110,000. Patriot Investment Management Group Inc. acquired a new position in Direxion Daily S&P 500 Bear 3X Shares in the 4th quarter valued at about $126,000. Finally, AFG Fiduciary Services Limited Partnership acquired a new position in Direxion Daily S&P 500 Bear 3X Shares in the 4th quarter valued at about $178,000.

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

Direxion Daily S&P 500 Bear 3X Shares stock opened at $7.03 on Friday. Direxion Daily S&P 500 Bear 3X Shares has a 52-week low of $5.55 and a 52-week high of $10.45. The company’s 50 day moving average is $6.21 and its two-hundred day moving average is $6.35.

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.