SBI Securities Co. Ltd. lessened its stake in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares (NYSEARCA:TMV – Free Report) by 8.2% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 279,477 shares of the exchange traded fund’s stock after selling 24,818 shares during the period. SBI Securities Co. Ltd. owned approximately 0.06% of Direxion Daily 20+ Year Treasury Bear 3x Shares worth $10,324,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of TMV. Snider Financial Group acquired a new stake in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares during the 2nd quarter valued at $1,847,000. Simplex Trading LLC acquired a new position in Direxion Daily 20+ Year Treasury Bear 3x Shares in the 2nd quarter worth about $469,000. Cary Street Partners Financial LLC bought a new position in Direxion Daily 20+ Year Treasury Bear 3x Shares in the first quarter valued at about $260,000. Atlantic Union Bankshares Corp acquired a new stake in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares during the second quarter valued at about $111,000. Finally, Cim LLC boosted its stake in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares by 1.6% during the first quarter. Cim LLC now owns 142,138 shares of the exchange traded fund’s stock valued at $4,938,000 after purchasing an additional 2,257 shares in the last quarter.
Direxion Daily 20+ Year Treasury Bear 3x Shares Stock Down 1.4%
Direxion Daily 20+ Year Treasury Bear 3x Shares stock opened at $34.10 on Wednesday. The business has a 50 day moving average of $34.33 and a 200-day moving average of $37.39. Direxion Daily 20+ Year Treasury Bear 3x Shares has a 1 year low of $31.03 and a 1 year high of $44.30.
About Direxion Daily 20+ Year Treasury Bear 3x Shares
Direxion Daily 20 Year Plus Treasury Bear 3x Shares (the Fund), formerly Direxion Daily 30-Year Treasury Bear 3x Shares, seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the NYSE 20 Year Plus Treasury Bond Index (the Index). The Index is a multiple-security fixed income index that aims to track the total returns of the long-term 20-year and greater maturity range of the United States Treasury bond market.
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Want to see what other hedge funds are holding TMV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily 20+ Year Treasury Bear 3x Shares (NYSEARCA:TMV – Free Report).
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