Direxion Daily Real Estate Bear 3X Shares (NYSEARCA:DRV) Shares Sold by Barclays PLC

Barclays PLC cut its holdings in Direxion Daily Real Estate Bear 3X Shares (NYSEARCA:DRV) by 39.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 21,190 shares of the company’s stock after selling 13,882 shares during the period. Barclays PLC owned 0.74% of Direxion Daily Real Estate Bear 3X Shares worth $962,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Jane Street Group LLC grew its position in Direxion Daily Real Estate Bear 3X Shares by 184.2% in the 4th quarter. Jane Street Group LLC now owns 71,677 shares of the company’s stock valued at $3,868,000 after acquiring an additional 46,460 shares in the last quarter. Virtu Financial LLC increased its stake in Direxion Daily Real Estate Bear 3X Shares by 22.2% during the second quarter. Virtu Financial LLC now owns 37,722 shares of the company’s stock worth $1,712,000 after purchasing an additional 6,846 shares during the period. Goldman Sachs Group Inc. purchased a new stake in Direxion Daily Real Estate Bear 3X Shares during the second quarter worth about $1,700,000. Renaissance Technologies LLC purchased a new stake in Direxion Daily Real Estate Bear 3X Shares during the second quarter worth about $941,000. Finally, UBS Group AG increased its stake in Direxion Daily Real Estate Bear 3X Shares by 21.5% during the fourth quarter. UBS Group AG now owns 10,050 shares of the company’s stock worth $542,000 after purchasing an additional 1,775 shares during the period.

Direxion Daily Real Estate Bear 3X Shares Price Performance

Shares of Direxion Daily Real Estate Bear 3X Shares stock opened at $48.46 on Tuesday. Direxion Daily Real Estate Bear 3X Shares has a one year low of $35.44 and a one year high of $72.19. The business has a 50-day simple moving average of $59.04 and a 200-day simple moving average of $52.12.

Direxion Daily Real Estate Bear 3X Shares Company Profile

The Direxion Daily Real Estate Bear 3X Shares (DRV) is an exchange-traded fund that is based on the S&P Real Estate Select Sector index. The fund provides 3x leveraged inverse exposure to an index that captures large cap equities of the US real estate segment. DRV was launched on Jul 16, 2009 and is managed by Direxion.