Virtu Financial LLC Acquires Shares of 775,719 Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS)

Virtu Financial LLC purchased a new position in shares of Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 775,719 shares of the company’s stock, valued at approximately $4,872,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. XTX Topco Ltd acquired a new stake in shares of Direxion Daily S&P 500 Bear 3X Shares in the 3rd quarter worth about $101,000. Foundations Investment Advisors LLC bought a new position in Direxion Daily S&P 500 Bear 3X Shares in the 4th quarter worth approximately $375,000. Patriot Investment Management Group Inc. bought a new position in Direxion Daily S&P 500 Bear 3X Shares in the 4th quarter worth approximately $126,000. Gimbal Financial bought a new position in Direxion Daily S&P 500 Bear 3X Shares in the 4th quarter worth approximately $110,000. Finally, SBI Securities Co. Ltd. bought a new position in Direxion Daily S&P 500 Bear 3X Shares in the 4th quarter valued at $1,263,000.

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

Shares of NYSEARCA:SPXS opened at $7.03 on Friday. Direxion Daily S&P 500 Bear 3X Shares has a one year low of $5.55 and a one year high of $10.45. The firm has a fifty day moving average price of $6.21 and a two-hundred day moving average price of $6.35.

About Direxion Daily S&P 500 Bear 3X Shares

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.