Direxion MSCI Defensives Over Cyclicals ETF (NYSEARCA:RWDC) Stock Price Down 0.9%

Direxion MSCI Defensives Over Cyclicals ETF (NYSEARCA:RWDC) shares fell 0.9% during mid-day trading on Wednesday . The stock traded as low as $50.23 and last traded at $50.23, 804 shares changed hands during mid-day trading. A decline of 89% from the average session volume of 7,010 shares. The stock had previously closed at $50.70.

The firm’s fifty day simple moving average is $51.06.

A hedge fund recently bought a new stake in Direxion MSCI Defensives Over Cyclicals ETF stock. BNP Paribas Arbitrage SA acquired a new position in Direxion MSCI Defensives Over Cyclicals ETF (NYSEARCA:RWDC) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 50,000 shares of the company’s stock, valued at approximately $2,570,000. BNP Paribas Arbitrage SA owned approximately 18.18% of Direxion MSCI Defensives Over Cyclicals ETF at the end of the most recent quarter.

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