JFS Wealth Advisors LLC Sells 1,100 Shares of Direxion Daily Technology Bear 3X Shares $TECS

JFS Wealth Advisors LLC lessened its holdings in Direxion Daily Technology Bear 3X Shares (NYSEARCA:TECS) by 52.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,000 shares of the company’s stock after selling 1,100 shares during the period. JFS Wealth Advisors LLC’s holdings in Direxion Daily Technology Bear 3X Shares were worth $27,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. SouthState Corp bought a new stake in Direxion Daily Technology Bear 3X Shares in the 1st quarter valued at $32,000. Smithfield Trust Co bought a new stake in Direxion Daily Technology Bear 3X Shares in the 1st quarter valued at $776,000. Finally, Virtu Financial LLC raised its stake in Direxion Daily Technology Bear 3X Shares by 253.9% in the 1st quarter. Virtu Financial LLC now owns 24,789 shares of the company’s stock valued at $1,568,000 after acquiring an additional 17,784 shares during the period.

Direxion Daily Technology Bear 3X Shares Stock Performance

TECS opened at $19.91 on Monday. Direxion Daily Technology Bear 3X Shares has a 1-year low of $17.57 and a 1-year high of $101.82. The stock’s fifty day simple moving average is $22.09 and its 200 day simple moving average is $33.84.

Direxion Daily Technology Bear 3X Shares Company Profile

The Direxion Daily Technology Bear 3X Shares (TECS) is an exchange-traded fund that is based on the Technology Select Sector index. The fund provides 3x leveraged inverse exposure to a market-cap-weighted index of US large-cap technology companies. TECS was launched on Dec 17, 2008 and is managed by Direxion.