Direxion Daily FTSE China Bear 3X Shares $YANG Shares Bought by Renaissance Technologies LLC

Renaissance Technologies LLC lifted its holdings in Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANG) by 181.9% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 54,400 shares of the company’s stock after purchasing an additional 35,100 shares during the quarter. Renaissance Technologies LLC owned 1.34% of Direxion Daily FTSE China Bear 3X Shares worth $1,585,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. acquired a new stake in Direxion Daily FTSE China Bear 3X Shares in the second quarter worth about $135,000. IMC Chicago LLC acquired a new position in Direxion Daily FTSE China Bear 3X Shares during the 4th quarter valued at about $302,000. Quadrature Capital Ltd acquired a new position in Direxion Daily FTSE China Bear 3X Shares during the 4th quarter valued at about $513,000. Jump Financial LLC acquired a new position in Direxion Daily FTSE China Bear 3X Shares during the 4th quarter valued at about $612,000. Finally, Group One Trading LLC raised its position in shares of Direxion Daily FTSE China Bear 3X Shares by 99.2% during the 2nd quarter. Group One Trading LLC now owns 286,742 shares of the company’s stock worth $8,786,000 after buying an additional 142,827 shares in the last quarter.

Direxion Daily FTSE China Bear 3X Shares Stock Up 3.6%

Shares of NYSEARCA:YANG opened at $29.08 on Thursday. The company has a 50 day moving average of $32.42 and a 200-day moving average of $28.95. Direxion Daily FTSE China Bear 3X Shares has a twelve month low of $19.94 and a twelve month high of $42.22.

Direxion Daily FTSE China Bear 3X Shares Company Profile

Direxion Daily China Bear 3x Shares (the Fund) seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation.