Direxion Daily Real Estate Bear 3X ETF (NYSEARCA:DRV – Get Free Report)’s share price crossed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $18.86 and traded as high as $22.55. Direxion Daily Real Estate Bear 3X ETF shares last traded at $22.26, with a volume of 105,784 shares.
Direxion Daily Real Estate Bear 3X ETF Stock Up 0.9%
The stock’s fifty day moving average price is $18.86 and its 200-day moving average price is $19.98.
Institutional Trading of Direxion Daily Real Estate Bear 3X ETF
An institutional investor recently raised its position in Direxion Daily Real Estate Bear 3X ETF stock. Virtu Financial LLC lifted its holdings in shares of Direxion Daily Real Estate Bear 3X ETF (NYSEARCA:DRV – Free Report) by 17.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 37,463 shares of the company’s stock after acquiring an additional 5,614 shares during the quarter. Virtu Financial LLC owned approximately 2.37% of Direxion Daily Real Estate Bear 3X ETF worth $994,000 as of its most recent SEC filing.
Direxion Daily Real Estate Bear 3X ETF Company Profile
The Direxion Daily Real Estate Bear 3X Shares (DRV) is an exchange-traded fund that is based on the S&P Real Estate Select Sector index. The fund provides 3x leveraged inverse exposure to an index that captures large cap equities of the US real estate segment. DRV was launched on Jul 16, 2009 and is managed by Direxion.
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