StoneX Group Inc. bought a new position in Direxion Daily S&P 500 Bear 3X ETF (NYSEARCA:SPXS – Free Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 58,571 shares of the company’s stock, valued at approximately $1,488,000. StoneX Group Inc. owned about 0.45% of Direxion Daily S&P 500 Bear 3X ETF at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPXS. PayPay Securities Corp increased its holdings in shares of Direxion Daily S&P 500 Bear 3X ETF by 87.1% in the third quarter. PayPay Securities Corp now owns 9,050 shares of the company’s stock valued at $224,000 after purchasing an additional 4,214 shares during the period. Simplicity Wealth LLC raised its stake in shares of Direxion Daily S&P 500 Bear 3X ETF by 52.1% in the third quarter. Simplicity Wealth LLC now owns 11,639 shares of the company’s stock worth $288,000 after purchasing an additional 3,989 shares during the last quarter. Ramsey Quantitative Systems acquired a new stake in shares of Direxion Daily S&P 500 Bear 3X ETF during the third quarter worth about $256,000. IFP Advisors Inc lifted its holdings in shares of Direxion Daily S&P 500 Bear 3X ETF by 53,233.3% during the third quarter. IFP Advisors Inc now owns 8,000 shares of the company’s stock worth $198,000 after purchasing an additional 7,985 shares during the period. Finally, Hamilton Wealth LLC purchased a new stake in Direxion Daily S&P 500 Bear 3X ETF in the first quarter valued at approximately $6,369,000.
Direxion Daily S&P 500 Bear 3X ETF Trading Down 7.0%
Shares of NYSEARCA SPXS opened at $25.62 on Tuesday. Direxion Daily S&P 500 Bear 3X ETF has a 52 week low of $23.04 and a 52 week high of $44.83. The business’s 50 day moving average price is $24.69 and its 200 day moving average price is $29.18.
About Direxion Daily S&P 500 Bear 3X ETF
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.
Featured Articles
- Five stocks we like better than Direxion Daily S&P 500 Bear 3X ETF
- Wall Street May Be Making a Big Mistake With monday.com Stock
- Are These 2 Mid-Cap Growth Stocks Worth the Risk?
- Oklo Changes the Narrative: Does a Nuclear Stock Price Explosion Come Next?
- Cloudflare’s 20% Sell-Off May Have Created an Opening for Investors
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.
