Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS – Get Rating)’s share price gapped up before the market opened on Friday . The stock had previously closed at $14.61, but opened at $14.98. Direxion Daily S&P 500 Bear 3X Shares shares last traded at $14.94, with a volume of 3,082,320 shares.
Direxion Daily S&P 500 Bear 3X Shares Trading Up 2.3 %
The stock has a fifty day moving average of $16.63 and a 200 day moving average of $18.69.
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of the stock. Jane Street Group LLC lifted its holdings in Direxion Daily S&P 500 Bear 3X Shares by 75.1% in the first quarter. Jane Street Group LLC now owns 2,172,098 shares of the company’s stock valued at $38,468,000 after acquiring an additional 931,858 shares during the period. HBK Sorce Advisory LLC acquired a new position in Direxion Daily S&P 500 Bear 3X Shares in the first quarter valued at approximately $13,190,000. Simplex Trading LLC acquired a new position in Direxion Daily S&P 500 Bear 3X Shares in the first quarter valued at approximately $6,468,000. Canal Insurance CO lifted its holdings in Direxion Daily S&P 500 Bear 3X Shares by 645.2% in the first quarter. Canal Insurance CO now owns 223,550 shares of the company’s stock valued at $3,959,000 after acquiring an additional 193,550 shares during the period. Finally, SeaCrest Wealth Management LLC lifted its holdings in Direxion Daily S&P 500 Bear 3X Shares by 641.8% in the third quarter. SeaCrest Wealth Management LLC now owns 202,440 shares of the company’s stock valued at $5,980,000 after acquiring an additional 175,151 shares during the period.
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.
See Also
- Get a free research report on Direxion Daily S&P 500 Bear 3X Shares from StockNews.com
- MarketBeat Week in Review – 6/19 – 6/23
- CarMax Stock Flying On Earnings Beat, Return Of The Highs?
- Commercial Metals Company Shakes Off The Rust: Confirms Uptrend
- Smith & Wesson, A Timeless Value Play At Decade Lows
- Five stocks we like better than Direxion Daily S&P 500 Bear 3X Shares
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.
