Direxion Daily S&P 500 Bear 1x Shares $SPDN Shares Acquired by One Plus One Wealth Management LLC

One Plus One Wealth Management LLC grew its stake in shares of Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDN) by 24.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,032,539 shares of the company’s stock after purchasing an additional 201,080 shares during the period. Direxion Daily S&P 500 Bear 1x Shares comprises approximately 4.5% of One Plus One Wealth Management LLC’s portfolio, making the stock its 4th biggest position. One Plus One Wealth Management LLC owned about 5.04% of Direxion Daily S&P 500 Bear 1x Shares worth $9,737,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. A. D. Beadell Investment Counsel Inc. bought a new position in shares of Direxion Daily S&P 500 Bear 1x Shares in the fourth quarter valued at approximately $117,000. IHT Wealth Management LLC bought a new stake in Direxion Daily S&P 500 Bear 1x Shares during the second quarter worth $159,000. Moors & Cabot Inc. raised its position in Direxion Daily S&P 500 Bear 1x Shares by 27.0% in the 3rd quarter. Moors & Cabot Inc. now owns 17,132 shares of the company’s stock valued at $165,000 after buying an additional 3,647 shares during the last quarter. XTX Topco Ltd purchased a new stake in Direxion Daily S&P 500 Bear 1x Shares in the 2nd quarter valued at $181,000. Finally, Advisory Services Network LLC lifted its stake in Direxion Daily S&P 500 Bear 1x Shares by 5.2% during the 3rd quarter. Advisory Services Network LLC now owns 39,495 shares of the company’s stock valued at $380,000 after acquiring an additional 1,947 shares in the last quarter.

Direxion Daily S&P 500 Bear 1x Shares Stock Up 0.3%

SPDN opened at $10.23 on Tuesday. Direxion Daily S&P 500 Bear 1x Shares has a 1 year low of $9.26 and a 1 year high of $13.35. The firm’s fifty day moving average price is $9.57 and its two-hundred day moving average price is $9.54.

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.