Genesis Financial Group LLC Sells 68,640 Shares of Direxion Daily AVGO Bear 1X Shares $AVS

Posted by Wayne Rhoads on Jul 30th, 2026

Genesis Financial Group LLC lessened its holdings in Direxion Daily AVGO Bear 1X Shares (NASDAQ:AVS – Free Report) by 34.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 129,013 shares of the company’s stock after selling 68,640 shares during the quarter. Genesis Financial Group LLC owned approximately 12.65% of Direxion Daily AVGO Bear 1X Shares worth $1,322,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. MWA Asset Management bought a new stake in Direxion Daily AVGO Bear 1X Shares during the 4th quarter worth approximately $118,000. Advisory Services Network LLC bought a new position in Direxion Daily AVGO Bear 1X Shares during the 2nd quarter worth $1,019,000. Finally, IMC Chicago LLC acquired a new position in Direxion Daily AVGO Bear 1X Shares during the 4th quarter worth about $2,394,000.

Direxion Daily AVGO Bear 1X Shares Trading Up 2.7%

NASDAQ AVS opened at $7.98 on Thursday. The business’s 50-day moving average price is $7.64 and its two-hundred day moving average price is $8.64. Direxion Daily AVGO Bear 1X Shares has a 12 month low of $6.25 and a 12 month high of $12.70.

Direxion Daily AVGO Bear 1X Shares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were paid a $0.0358 dividend. This represents a $0.14 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Tuesday, June 23rd.

Direxion Daily AVGO Bear 1X Shares Company Profile

(Free Report)

The Direxion Daily AVGO Bear 1X Shares (AVS) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Broadcom Inc stock. AVS was launched on Oct 10, 2024 and is issued by Direxion.