CPR Investments Inc. Invests $83,000 in Direxion Daily S&P 500 Bear 3X Shares $SPXS

CPR Investments Inc. bought a new position in Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 17,659 shares of the company’s stock, valued at approximately $83,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of SPXS. Simplex Trading LLC purchased a new position in Direxion Daily S&P 500 Bear 3X Shares during the first quarter worth approximately $1,897,000. SBI Securities Co. Ltd. raised its position in shares of Direxion Daily S&P 500 Bear 3X Shares by 24.2% in the 1st quarter. SBI Securities Co. Ltd. now owns 249,829 shares of the company’s stock worth $1,779,000 after buying an additional 48,655 shares during the period. Charter Oak Capital Management LLC raised its position in shares of Direxion Daily S&P 500 Bear 3X Shares by 90.6% in the 1st quarter. Charter Oak Capital Management LLC now owns 151,365 shares of the company’s stock worth $1,078,000 after buying an additional 71,933 shares during the period. Signaturefd LLC boosted its holdings in Direxion Daily S&P 500 Bear 3X Shares by 97.5% in the second quarter. Signaturefd LLC now owns 150,000 shares of the company’s stock valued at $704,000 after acquiring an additional 74,056 shares during the last quarter. Finally, Cadent Capital Advisors LLC purchased a new stake in Direxion Daily S&P 500 Bear 3X Shares during the first quarter valued at about $659,000.

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

Direxion Daily S&P 500 Bear 3X Shares stock opened at $37.55 on Monday. Direxion Daily S&P 500 Bear 3X Shares has a 12 month low of $36.97 and a 12 month high of $106.70. The stock’s 50-day moving average is $41.47 and its 200-day moving average is $53.14.

Direxion Daily S&P 500 Bear 3X Shares Company Profile

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.