Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS) Shares Sold by Headlands Technologies LLC

Headlands Technologies LLC cut its holdings in shares of Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS) by 17.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 34,679 shares of the company’s stock after selling 7,466 shares during the period. Headlands Technologies LLC owned approximately 0.06% of Direxion Daily S&P 500 Bear 3X Shares worth $401,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Signaturefd LLC raised its holdings in Direxion Daily S&P 500 Bear 3X Shares by 112.1% in the 3rd quarter. Signaturefd LLC now owns 104,997 shares of the company’s stock worth $1,657,000 after acquiring an additional 55,500 shares during the period. HighTower Advisors LLC bought a new position in shares of Direxion Daily S&P 500 Bear 3X Shares during the 3rd quarter worth about $523,000. Pathstone Family Office LLC bought a new position in shares of Direxion Daily S&P 500 Bear 3X Shares during the 3rd quarter worth about $1,137,000. CPR Investments Inc. increased its holdings in shares of Direxion Daily S&P 500 Bear 3X Shares by 17.8% during the 3rd quarter. CPR Investments Inc. now owns 58,745 shares of the company’s stock worth $927,000 after purchasing an additional 8,884 shares during the period. Finally, QCM Cayman Ltd. bought a new position in shares of Direxion Daily S&P 500 Bear 3X Shares during the 3rd quarter worth about $222,000.

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

Shares of Direxion Daily S&P 500 Bear 3X Shares stock traded down $0.27 during trading on Friday, hitting $9.61. 26,273,082 shares of the company’s stock traded hands, compared to its average volume of 27,913,195. The firm’s fifty day moving average price is $9.42 and its 200 day moving average price is $11.67. Direxion Daily S&P 500 Bear 3X Shares has a twelve month low of $8.65 and a twelve month high of $18.62.

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.