Simplex Trading LLC bought a new position in shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV – Free Report) during the 4th quarter, Holdings Channel reports. The institutional investor bought 9,254 shares of the exchange traded fund’s stock, valued at approximately $274,000.
Several other large investors have also recently bought and sold shares of the stock. TRUE Private Wealth Advisors lifted its stake in Direxion Daily 20 Year Plus Treasury Bear 3x Shares by 211.0% in the third quarter. TRUE Private Wealth Advisors now owns 64,406 shares of the exchange traded fund’s stock valued at $2,843,000 after acquiring an additional 43,696 shares during the last quarter. Citigroup Inc. lifted its stake in Direxion Daily 20 Year Plus Treasury Bear 3x Shares by 343.2% in the 3rd quarter. Citigroup Inc. now owns 6,076 shares of the exchange traded fund’s stock valued at $268,000 after purchasing an additional 4,705 shares during the last quarter. Finally, XR Securities LLC bought a new position in Direxion Daily 20 Year Plus Treasury Bear 3x Shares during the fourth quarter worth about $568,000.
Direxion Daily 20 Year Plus Treasury Bear 3x Shares Stock Performance
NYSEARCA:TMV opened at $37.48 on Wednesday. Direxion Daily 20 Year Plus Treasury Bear 3x Shares has a 12-month low of $26.94 and a 12-month high of $53.77. The stock’s 50 day moving average price is $36.55 and its two-hundred day moving average price is $36.53.
Direxion Daily 20 Year Plus Treasury Bear 3x Shares Profile
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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