Renaissance Technologies LLC bought a new stake in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares (NYSEARCA:TMV – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 53,100 shares of the exchange traded fund’s stock, valued at approximately $1,984,000. Renaissance Technologies LLC owned about 1.15% of Direxion Daily 20+ Year Treasury Bear 3x Shares as of its most recent SEC filing.
Several other institutional investors have also bought and sold shares of TMV. Prelude Capital Management LLC lifted its stake in Direxion Daily 20+ Year Treasury Bear 3x Shares by 957.2% during the 3rd quarter. Prelude Capital Management LLC now owns 80,240 shares of the exchange traded fund’s stock valued at $2,812,000 after acquiring an additional 72,650 shares in the last quarter. Composition Wealth LLC bought a new stake in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares in the 4th quarter worth $1,482,000. Simplex Trading LLC bought a new stake in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares in the 4th quarter worth $1,102,000. Group One Trading LLC raised its holdings in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares by 977.4% in the fourth quarter. Group One Trading LLC now owns 22,937 shares of the exchange traded fund’s stock valued at $852,000 after purchasing an additional 20,808 shares during the last quarter. Finally, Quadrature Capital Ltd purchased a new stake in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares in the fourth quarter valued at about $614,000.
Direxion Daily 20+ Year Treasury Bear 3x Shares Price Performance
TMV opened at $42.67 on Wednesday. The company’s 50-day moving average is $39.37 and its 200 day moving average is $37.90. Direxion Daily 20+ Year Treasury Bear 3x Shares has a fifty-two week low of $31.82 and a fifty-two week high of $43.51.
Direxion Daily 20+ Year Treasury Bear 3x Shares Company Profile
Direxion Daily 20 Year Plus Treasury Bear 3x Shares (the Fund), formerly Direxion Daily 30-Year Treasury Bear 3x Shares, seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the NYSE 20 Year Plus Treasury Bond Index (the Index). The Index is a multiple-security fixed income index that aims to track the total returns of the long-term 20-year and greater maturity range of the United States Treasury bond market. The Index constituent bonds are weighted by their relative amounts outstanding.
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