Direxion Daily S&P 500 Bear 3X ETF (NYSEARCA:SPXS – Get Free Report)’s stock price traded up 1.4% during trading on Thursday. The stock traded as high as $24.08 and last traded at $23.77. 13,164,062 shares traded hands during mid-day trading, a decline of 1% from the average daily volume of 13,277,793 shares. The stock had previously closed at $23.45.
Direxion Daily S&P 500 Bear 3X ETF Stock Up 1.4%
The company’s fifty day moving average price is $24.54 and its two-hundred day moving average price is $27.94.
Institutional Trading of Direxion Daily S&P 500 Bear 3X ETF
Several large investors have recently added to or reduced their stakes in the company. Royal Bank of Canada acquired a new stake in shares of Direxion Daily S&P 500 Bear 3X ETF during the first quarter worth approximately $81,000. PayPay Securities Corp grew its position in Direxion Daily S&P 500 Bear 3X ETF by 242.3% during the 2nd quarter. PayPay Securities Corp now owns 4,836 shares of the company’s stock worth $128,000 after acquiring an additional 3,423 shares during the last quarter. Guardian Partners Inc. bought a new stake in Direxion Daily S&P 500 Bear 3X ETF during the 1st quarter worth approximately $203,000. Corient Private Wealth LLC bought a new stake in Direxion Daily S&P 500 Bear 3X ETF during the 4th quarter worth approximately $359,000. Finally, Group One Trading LLC acquired a new stake in Direxion Daily S&P 500 Bear 3X ETF during the 1st quarter valued at $2,172,000.
Direxion Daily S&P 500 Bear 3X ETF Company Profile
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. Most of the stocks in the Index are issued by the 500 largest companies, in terms of the aggregate market value of their outstanding stock, and generally are listed on the New York Stock Exchange.
Recommended Stories
- Five stocks we like better than Direxion Daily S&P 500 Bear 3X ETF
- Want Private-Market Access to Kalshi and Polymarket? Try This ETF
- Levi’s Stock Dip Reveals Value Opportunity Despite Q3 Headwinds
- PepsiCo Stock Looks Poised to Bottom With High Yield, Deep Value
- Alphabet’s $1.8 Billion Black Hills Deal Powers AI Data Center Push
Receive News & Ratings for Direxion Daily S&P 500 Bear 3X ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily S&P 500 Bear 3X ETF and related companies with MarketBeat.com's FREE daily email newsletter.
