16,313 Shares in Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS) Acquired by Accelerate Investment Advisors LLC

Accelerate Investment Advisors LLC acquired a new position in Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 16,313 shares of the company’s stock, valued at approximately $116,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Two Sigma Securities LLC boosted its holdings in Direxion Daily S&P 500 Bear 3X Shares by 3.9% in the 4th quarter. Two Sigma Securities LLC now owns 52,471 shares of the company’s stock worth $330,000 after buying an additional 1,968 shares during the period. Waterloo Capital L.P. boosted its holdings in Direxion Daily S&P 500 Bear 3X Shares by 15.6% in the 4th quarter. Waterloo Capital L.P. now owns 18,500 shares of the company’s stock worth $116,000 after buying an additional 2,500 shares during the period. XTX Topco Ltd boosted its holdings in Direxion Daily S&P 500 Bear 3X Shares by 21.7% in the 4th quarter. XTX Topco Ltd now owns 18,499 shares of the company’s stock worth $116,000 after buying an additional 3,298 shares during the period. JPMorgan Chase & Co. boosted its holdings in Direxion Daily S&P 500 Bear 3X Shares by 14.5% in the 4th quarter. JPMorgan Chase & Co. now owns 29,816 shares of the company’s stock worth $187,000 after buying an additional 3,774 shares during the period. Finally, Rathbones Group PLC bought a new position in Direxion Daily S&P 500 Bear 3X Shares in the 4th quarter worth approximately $98,000.

Direxion Daily S&P 500 Bear 3X Shares Stock Up 2.3%

SPXS opened at $5.25 on Wednesday. The company has a 50 day moving average of $6.11 and a 200 day moving average of $6.28. Direxion Daily S&P 500 Bear 3X Shares has a 12 month low of $5.06 and a 12 month high of $10.67.

Direxion Daily S&P 500 Bear 3X Shares 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.