Townsquare Capital LLC lowered its stake in Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDN – Free Report) by 13.8% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 13,443 shares of the company’s stock after selling 2,146 shares during the period. Townsquare Capital LLC owned 0.08% of Direxion Daily S&P 500 Bear 1x Shares worth $151,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. EdgeRock Capital LLC purchased a new position in Direxion Daily S&P 500 Bear 1x Shares in the second quarter worth about $42,000. ORG Partners LLC bought a new stake in shares of Direxion Daily S&P 500 Bear 1x Shares during the second quarter valued at approximately $75,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of Direxion Daily S&P 500 Bear 1x Shares during the second quarter valued at approximately $83,000. NovaPoint Capital LLC purchased a new position in Direxion Daily S&P 500 Bear 1x Shares in the 3rd quarter worth approximately $157,000. Finally, Creative Planning bought a new position in Direxion Daily S&P 500 Bear 1x Shares in the 2nd quarter valued at approximately $282,000.
Direxion Daily S&P 500 Bear 1x Shares Trading Down 0.2 %
Shares of SPDN opened at $10.72 on Friday. Direxion Daily S&P 500 Bear 1x Shares has a 12 month low of $10.70 and a 12 month high of $14.05. The business’s fifty day simple moving average is $11.05 and its two-hundred day simple moving average is $11.53.
Direxion Daily S&P 500 Bear 1x Shares Company 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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