One Plus One Wealth Management LLC grew its position in shares of Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDN – Free Report) by 35.9% in the first quarter, according to its most recent filing with the SEC. The fund owned 1,403,480 shares of the company’s stock after acquiring an additional 370,941 shares during the quarter. Direxion Daily S&P 500 Bear 1x Shares comprises approximately 5.9% of One Plus One Wealth Management LLC’s holdings, making the stock its 4th largest holding. One Plus One Wealth Management LLC owned 5.66% of Direxion Daily S&P 500 Bear 1x Shares worth $13,965,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Steward Partners Investment Advisory LLC bought a new stake in Direxion Daily S&P 500 Bear 1x Shares in the fourth quarter worth $49,000. A. D. Beadell Investment Counsel Inc. bought a new position in Direxion Daily S&P 500 Bear 1x Shares during the fourth quarter valued at $117,000. IHT Wealth Management LLC bought a new position in Direxion Daily S&P 500 Bear 1x Shares during the second quarter valued at $159,000. Moors & Cabot Inc. grew its stake in shares of Direxion Daily S&P 500 Bear 1x Shares by 27.0% in the 3rd quarter. Moors & Cabot Inc. now owns 17,132 shares of the company’s stock worth $165,000 after buying an additional 3,647 shares in the last quarter. Finally, XTX Topco Ltd purchased a new position in shares of Direxion Daily S&P 500 Bear 1x Shares in the 2nd quarter worth $181,000.
Direxion Daily S&P 500 Bear 1x Shares Stock Performance
Direxion Daily S&P 500 Bear 1x Shares stock opened at $8.83 on Thursday. The company’s 50-day moving average price is $8.87 and its 200-day moving average price is $9.29. Direxion Daily S&P 500 Bear 1x Shares has a twelve month low of $8.58 and a twelve month high of $10.50.
Direxion Daily S&P 500 Bear 1x Shares Profile
The Direxion Daily S&P 500 Bear 1X Shares (SPDN) is an exchange-traded fund that is based on the S&P 500 index. The fund provides daily inverse exposure to the S&P 500, a market-cap-weighted index of 500 US large-cap firms selected by the S&Ps index committee. SPDN was launched on Jun 8, 2016 and is managed by Direxion.
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