29,321 Shares in Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS) Bought by AFG Fiduciary Services Limited Partnership
by Mitch Edgeman · The Markets DailyAFG Fiduciary Services Limited Partnership purchased a new stake in shares of Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS – Free Report) in the fourth quarter, Holdings Channel reports. The firm purchased 29,321 shares of the company’s stock, valued at approximately $178,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. XTX Topco Ltd purchased a new stake in shares of Direxion Daily S&P 500 Bear 3X Shares in the third quarter worth approximately $101,000. Embree Financial Group bought a new stake in Direxion Daily S&P 500 Bear 3X Shares during the third quarter worth $99,000. Lazari Capital Management Inc. grew its holdings in Direxion Daily S&P 500 Bear 3X Shares by 342.8% during the second quarter. Lazari Capital Management Inc. now owns 49,150 shares of the company’s stock worth $386,000 after buying an additional 38,050 shares in the last quarter. Finally, Renaissance Technologies LLC purchased a new stake in Direxion Daily S&P 500 Bear 3X Shares in the 2nd quarter valued at $655,000.
Direxion Daily S&P 500 Bear 3X Shares Stock Down 2.7 %
SPXS opened at $5.78 on Wednesday. Direxion Daily S&P 500 Bear 3X Shares has a 1 year low of $5.67 and a 1 year high of $11.14. The firm’s fifty day moving average price is $6.03 and its two-hundred day moving average price is $6.78.
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.
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Want to see what other hedge funds are holding SPXS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS – Free Report).