Direxion Daily FTSE China Bear 3X Shares $YANG Stock Position Increased by Renaissance Technologies LLC

Renaissance Technologies LLC increased its position in Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANG) by 181.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 54,400 shares of the company’s stock after buying an additional 35,100 shares during the quarter. Renaissance Technologies LLC’s holdings in Direxion Daily FTSE China Bear 3X Shares were worth $1,585,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Quadrature Capital Ltd bought a new position in Direxion Daily FTSE China Bear 3X Shares during the fourth quarter valued at about $513,000. Jump Financial LLC bought a new stake in Direxion Daily FTSE China Bear 3X Shares in the fourth quarter worth about $612,000. IMC Chicago LLC acquired a new stake in Direxion Daily FTSE China Bear 3X Shares in the 4th quarter valued at about $302,000. Group One Trading LLC lifted its holdings in Direxion Daily FTSE China Bear 3X Shares by 99.2% in the 2nd quarter. Group One Trading LLC now owns 286,742 shares of the company’s stock valued at $8,786,000 after acquiring an additional 142,827 shares during the last quarter. Finally, JPMorgan Chase & Co. bought a new position in shares of Direxion Daily FTSE China Bear 3X Shares during the 2nd quarter valued at about $135,000.

Direxion Daily FTSE China Bear 3X Shares Stock Performance

NYSEARCA:YANG opened at $29.08 on Thursday. The company has a 50-day moving average of $32.42 and a 200-day moving average of $28.95. Direxion Daily FTSE China Bear 3X Shares has a twelve month low of $19.94 and a twelve month high of $42.22.

About Direxion Daily FTSE China Bear 3X Shares

Direxion Daily China Bear 3x Shares (the Fund) seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation.