Jump Financial LLC Trims Stake in Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANG)

Jump Financial LLC lessened its holdings in Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANG) by 92.9% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 11,709 shares of the company’s stock after selling 152,884 shares during the period. Jump Financial LLC owned 0.07% of Direxion Daily FTSE China Bear 3X Shares worth $820,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in YANG. JPMorgan Chase & Co. bought a new position in shares of Direxion Daily FTSE China Bear 3X Shares during the 3rd quarter valued at about $3,767,000. SBI Securities Co. Ltd. purchased a new stake in Direxion Daily FTSE China Bear 3X Shares in the fourth quarter worth approximately $145,000. Virtu Financial LLC bought a new position in Direxion Daily FTSE China Bear 3X Shares during the fourth quarter valued at approximately $2,325,000. Finally, Headlands Technologies LLC purchased a new position in shares of Direxion Daily FTSE China Bear 3X Shares during the fourth quarter worth approximately $218,000.

Direxion Daily FTSE China Bear 3X Shares Stock Performance

NYSEARCA YANG opened at $48.02 on Tuesday. The company has a 50-day simple moving average of $43.15 and a two-hundred day simple moving average of $236.36. Direxion Daily FTSE China Bear 3X Shares has a 12-month low of $31.73 and a 12-month high of $233.20.

Direxion Daily FTSE China Bear 3X Shares Profile

Direxion Daily China Bear 3x Shares (the Fund) seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation.