Direxion Daily Real Estate Bear 3X Shares (NYSEARCA:DRV – Get Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $18.08 and traded as high as $19.41. Direxion Daily Real Estate Bear 3X Shares shares last traded at $19.18, with a volume of 131,743 shares traded.
Direxion Daily Real Estate Bear 3X Shares Trading Down 3.5%
The firm has a fifty day moving average price of $18.11 and a 200 day moving average price of $20.04.
Institutional Trading of Direxion Daily Real Estate Bear 3X Shares
A number of hedge funds have recently bought and sold shares of the company. Group One Trading LLC boosted its holdings in shares of Direxion Daily Real Estate Bear 3X Shares by 106.9% in the second quarter. Group One Trading LLC now owns 3,662 shares of the company’s stock worth $92,000 after buying an additional 1,892 shares during the period. Quadrature Capital Ltd acquired a new stake in shares of Direxion Daily Real Estate Bear 3X Shares during the fourth quarter valued at approximately $335,000. Finally, Virtu Financial LLC lifted its position in shares of Direxion Daily Real Estate Bear 3X Shares by 17.6% in the 4th quarter. Virtu Financial LLC now owns 37,463 shares of the company’s stock valued at $994,000 after acquiring an additional 5,614 shares in the last quarter.
Direxion Daily Real Estate Bear 3X Shares 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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