Pacific Capital Wealth Advisors Inc. Takes $43,000 Position in Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV)

Pacific Capital Wealth Advisors Inc. acquired a new stake in Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 1,452 shares of the exchange traded fund’s stock, valued at approximately $43,000. Pacific Capital Wealth Advisors Inc. owned about 0.06% of Direxion Daily 20 Year Plus Treasury Bear 3x Shares as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Citigroup Inc. boosted its holdings in shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares by 343.2% in the third quarter. Citigroup Inc. now owns 6,076 shares of the exchange traded fund’s stock valued at $268,000 after acquiring an additional 4,705 shares in the last quarter. TRUE Private Wealth Advisors increased its position in shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares by 211.0% during the 3rd quarter. TRUE Private Wealth Advisors now owns 64,406 shares of the exchange traded fund’s stock valued at $2,843,000 after purchasing an additional 43,696 shares during the period. XR Securities LLC bought a new stake in shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares in the 4th quarter worth $568,000. Finally, Simplex Trading LLC acquired a new stake in shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares in the fourth quarter valued at $274,000.

Direxion Daily 20 Year Plus Treasury Bear 3x Shares Stock Performance

Shares of NYSEARCA TMV traded down $0.72 during mid-day trading on Tuesday, reaching $37.48. The company had a trading volume of 2,408,360 shares, compared to its average volume of 2,925,615. The company has a 50-day moving average price of $36.55 and a two-hundred day moving average price of $36.53. Direxion Daily 20 Year Plus Treasury Bear 3x Shares has a 1-year low of $26.94 and a 1-year high of $53.77.

About Direxion Daily 20 Year Plus Treasury Bear 3x Shares

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.