Jane Street Group LLC Invests $1.50 Million in Daily Dow Jones Internet Bear 3X Shares (NYSEARCA:WEBS)

Jane Street Group LLC bought a new position in Daily Dow Jones Internet Bear 3X Shares (NYSEARCA:WEBS) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 42,707 shares of the company’s stock, valued at approximately $1,500,000. Jane Street Group LLC owned approximately 1.49% of Daily Dow Jones Internet Bear 3X Shares at the end of the most recent reporting period.

Separately, Virtu Financial LLC lifted its holdings in Daily Dow Jones Internet Bear 3X Shares by 95.9% during the 4th quarter. Virtu Financial LLC now owns 35,177 shares of the company’s stock worth $1,236,000 after buying an additional 17,223 shares in the last quarter.

Daily Dow Jones Internet Bear 3X Shares Stock Down 2.1%

NYSEARCA:WEBS opened at $25.06 on Monday. The stock’s fifty day moving average price is $39.10 and its two-hundred day moving average price is $35.77. Daily Dow Jones Internet Bear 3X Shares has a 52-week low of $25.05 and a 52-week high of $93.60.

About Daily Dow Jones Internet Bear 3X Shares

The Direxion Daily Dow Jones Internet Bear 3X Shares (WEBS) is an exchange-traded fund that is based on the DJ Internet Composite index. The fund provides 3x daily inverse exposure to a market-cap-weighted index of the largest and most liquid U.S. Internet companies. WEBS was launched on Nov 7, 2019 and is managed by Direxion.