Mirae Asset Global Investments Co. Ltd. bought a new position in Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDN – Free Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 30,000 shares of the company’s stock, valued at approximately $337,000. Mirae Asset Global Investments Co. Ltd. owned about 0.19% of Direxion Daily S&P 500 Bear 1x Shares 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 the company. EdgeRock Capital LLC acquired a new stake in shares of Direxion Daily S&P 500 Bear 1x Shares during the 2nd quarter worth approximately $42,000. ORG Partners LLC purchased a new position in Direxion Daily S&P 500 Bear 1x Shares in the second quarter valued at $75,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of Direxion Daily S&P 500 Bear 1x Shares in the second quarter worth about $83,000. NovaPoint Capital LLC purchased a new stake in shares of Direxion Daily S&P 500 Bear 1x Shares during the 3rd quarter worth about $157,000. Finally, Creative Planning acquired a new stake in shares of Direxion Daily S&P 500 Bear 1x Shares during the 2nd quarter valued at about $282,000.
Direxion Daily S&P 500 Bear 1x Shares Stock Performance
Shares of Direxion Daily S&P 500 Bear 1x Shares stock opened at $11.33 on Monday. Direxion Daily S&P 500 Bear 1x Shares has a twelve month low of $11.01 and a twelve month high of $14.95. The business has a 50-day moving average price of $11.38 and a 200 day moving average price of $11.81.
Direxion Daily S&P 500 Bear 1x Shares Profile
The Direxion Daily S&P 500 Bear 1X Shares (SPDN) is an exchange-traded fund that is based on the S&P 500 index. The fund provides daily inverse exposure to the S&P 500, a market-cap-weighted index of 500 US large-cap firms selected by the S&Ps index committee. SPDN was launched on Jun 8, 2016 and is managed by Direxion.
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