Signaturefd LLC Has $2.29 Million Position in Direxion Daily S&P 500 Bear 3X Shares $SPXS

Signaturefd LLC cut its position in Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS) by 59.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 60,144 shares of the company’s stock after selling 89,856 shares during the quarter. Signaturefd LLC’s holdings in Direxion Daily S&P 500 Bear 3X Shares were worth $2,285,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Tower Research Capital LLC TRC raised its holdings in Direxion Daily S&P 500 Bear 3X Shares by 174.4% in the 2nd quarter. Tower Research Capital LLC TRC now owns 107,891 shares of the company’s stock valued at $506,000 after buying an additional 68,566 shares during the last quarter. Jump Financial LLC acquired a new position in Direxion Daily S&P 500 Bear 3X Shares in the 2nd quarter valued at approximately $1,537,000. MAI Capital Management acquired a new position in Direxion Daily S&P 500 Bear 3X Shares in the 2nd quarter valued at approximately $40,000. JPMorgan Chase & Co. bought a new position in shares of Direxion Daily S&P 500 Bear 3X Shares during the second quarter valued at $119,000. Finally, Poehling Capital Management INC. acquired a new position in shares of Direxion Daily S&P 500 Bear 3X Shares during the second quarter worth $155,000.

Direxion Daily S&P 500 Bear 3X Shares Price Performance

Shares of Direxion Daily S&P 500 Bear 3X Shares stock opened at $35.32 on Friday. Direxion Daily S&P 500 Bear 3X Shares has a twelve month low of $33.96 and a twelve month high of $106.70. The company’s fifty day moving average is $36.03 and its 200 day moving average is $40.26.

Direxion Daily S&P 500 Bear 3X Shares Company Profile

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.