One Plus One Wealth Management LLC lowered its position in Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDN – Free Report) by 30.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 787,208 shares of the company’s stock after selling 350,035 shares during the quarter. Direxion Daily S&P 500 Bear 1x Shares accounts for approximately 5.1% of One Plus One Wealth Management LLC’s holdings, making the stock its 4th biggest holding. One Plus One Wealth Management LLC’s holdings in Direxion Daily S&P 500 Bear 1x Shares were worth $8,667,000 at the end of the most recent quarter.
A number of other hedge funds have also made changes to their positions in SPDN. Creative Planning purchased a new position in shares of Direxion Daily S&P 500 Bear 1x Shares in the second quarter valued at $282,000. NovaPoint Capital LLC purchased a new position in shares of Direxion Daily S&P 500 Bear 1x Shares in the third quarter valued at $157,000. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Direxion Daily S&P 500 Bear 1x Shares during the 3rd quarter worth about $337,000. ORG Partners LLC increased its position in Direxion Daily S&P 500 Bear 1x Shares by 3,697.7% during the 4th quarter. ORG Partners LLC now owns 131,590 shares of the company’s stock worth $1,449,000 after purchasing an additional 128,125 shares in the last quarter. Finally, Synergy Asset Management LLC purchased a new stake in Direxion Daily S&P 500 Bear 1x Shares during the 4th quarter worth about $47,000.
Direxion Daily S&P 500 Bear 1x Shares Trading Up 0.3 %
Direxion Daily S&P 500 Bear 1x Shares stock opened at $10.77 on Thursday. The stock has a 50-day moving average price of $10.84 and a 200 day moving average price of $11.19. Direxion Daily S&P 500 Bear 1x Shares has a 52 week low of $10.60 and a 52 week high of $13.01.
Direxion Daily S&P 500 Bear 1x Shares Company 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.
Featured Stories
- Five stocks we like better than Direxion Daily S&P 500 Bear 1x Shares
- What is a Dividend King?
- Will Falling Bond Yields Send These 2 Small Caps Soaring?
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- These 2 Tech Stocks Are Surging Back After a Q4 2024 Plunge
- What Do S&P 500 Stocks Tell Investors About the Market?
- Digital Turbine Roars Back—What’s Driving the Ad Tech Surge?
Want to see what other hedge funds are holding SPDN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDN – Free Report).
Receive News & Ratings for Direxion Daily S&P 500 Bear 1x Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily S&P 500 Bear 1x Shares and related companies with MarketBeat.com's FREE daily email newsletter.
