Hamilton Wealth LLC bought a new position in shares of Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS – Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 471,924 shares of the company’s stock, valued at approximately $19,108,000. Direxion Daily S&P 500 Bear 3X Shares comprises about 1.4% of Hamilton Wealth LLC’s investment portfolio, making the stock its 19th largest holding.
Other large investors also recently bought and sold shares of the company. Daytona Street Capital LLC acquired a new position in Direxion Daily S&P 500 Bear 3X Shares during the 4th quarter valued at approximately $1,376,000. IMC Chicago LLC acquired a new stake in shares of Direxion Daily S&P 500 Bear 3X Shares during the fourth quarter worth $8,967,000. Group One Trading LLC acquired a new stake in shares of Direxion Daily S&P 500 Bear 3X Shares during the first quarter worth $2,172,000. Corient Private Wealth LLC purchased a new stake in shares of Direxion Daily S&P 500 Bear 3X Shares during the fourth quarter valued at $359,000. Finally, XTX Topco Ltd purchased a new stake in shares of Direxion Daily S&P 500 Bear 3X Shares during the fourth quarter valued at $348,000.
Direxion Daily S&P 500 Bear 3X Shares Price Performance
NYSEARCA SPXS opened at $28.58 on Thursday. The stock’s fifty day moving average price is $26.89 and its 200 day moving average price is $31.86. Direxion Daily S&P 500 Bear 3X Shares has a 1 year low of $25.53 and a 1 year high of $47.20.
Direxion Daily S&P 500 Bear 3X Shares 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. 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.
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