Group One Trading LLC Acquires Shares of 53,644 Direxion Daily S&P 500 Bear 3X Shares $SPXS

Group One Trading LLC bought a new stake in Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 53,644 shares of the company’s stock, valued at approximately $2,172,000. Group One Trading LLC owned 0.41% of Direxion Daily S&P 500 Bear 3X Shares at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. PayPay Securities Corp boosted its stake in shares of Direxion Daily S&P 500 Bear 3X Shares by 145.2% during the 4th quarter. PayPay Securities Corp now owns 3,008 shares of the company’s stock worth $107,000 after purchasing an additional 1,781 shares during the period. JPMorgan Chase & Co. purchased a new stake in Direxion Daily S&P 500 Bear 3X Shares in the 2nd quarter worth about $119,000. BTG Pactual Asset Management US LLC purchased a new stake in Direxion Daily S&P 500 Bear 3X Shares in the 3rd quarter worth about $220,000. XTX Topco Ltd bought a new stake in Direxion Daily S&P 500 Bear 3X Shares in the fourth quarter worth about $348,000. Finally, Corient Private Wealth LLC bought a new stake in Direxion Daily S&P 500 Bear 3X Shares in the fourth quarter worth about $359,000.

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

Shares of NYSEARCA:SPXS opened at $26.54 on Thursday. The business has a 50 day simple moving average of $26.88 and a two-hundred day simple moving average of $32.11. Direxion Daily S&P 500 Bear 3X Shares has a 1 year low of $25.53 and a 1 year high of $47.20.

Direxion Daily S&P 500 Bear 3X Shares 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.