Direxion Daily S&P 500 Bear 3X Shares $SPXS Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. lowered its position in shares of Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS) by 90.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,470 shares of the company’s stock after selling 22,925 shares during the period. JPMorgan Chase & Co.’s holdings in Direxion Daily S&P 500 Bear 3X Shares were worth $94,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. BTG Pactual Asset Management US LLC acquired a new stake in shares of Direxion Daily S&P 500 Bear 3X Shares during the 3rd quarter worth approximately $220,000. Kiker Wealth Management LLC acquired a new stake in shares of Direxion Daily S&P 500 Bear 3X Shares during the 3rd quarter worth approximately $228,000. Global Retirement Partners LLC increased its holdings in shares of Direxion Daily S&P 500 Bear 3X Shares by 12,458.3% during the 3rd quarter. Global Retirement Partners LLC now owns 6,028 shares of the company’s stock worth $229,000 after buying an additional 5,980 shares during the last quarter. Group One Trading LLC acquired a new stake in shares of Direxion Daily S&P 500 Bear 3X Shares during the 3rd quarter worth approximately $310,000. Finally, Tower Research Capital LLC TRC increased its holdings in shares of Direxion Daily S&P 500 Bear 3X Shares by 174.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 107,891 shares of the company’s stock worth $506,000 after buying an additional 68,566 shares during the last quarter.

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

Direxion Daily S&P 500 Bear 3X Shares stock opened at $31.07 on Monday. Direxion Daily S&P 500 Bear 3X Shares has a fifty-two week low of $30.75 and a fifty-two week high of $85.10. The firm has a 50 day moving average price of $36.91 and a 200 day moving average price of $36.26.

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. Most of the stocks in the Index are issued by the 500 largest companies, in terms of the aggregate market value of their outstanding stock, and generally are listed on the New York Stock Exchange.