Direxion Daily 20+ Year Treasury Bear 3x Shares $TMV Shares Purchased by IMC Chicago LLC

IMC Chicago LLC raised its stake in Direxion Daily 20+ Year Treasury Bear 3x Shares (NYSEARCA:TMV) by 153.1% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 163,592 shares of the exchange traded fund’s stock after purchasing an additional 98,954 shares during the period. IMC Chicago LLC’s holdings in Direxion Daily 20+ Year Treasury Bear 3x Shares were worth $5,732,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in TMV. Atlantic Union Bankshares Corp acquired a new stake in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares during the second quarter worth about $111,000. Creative Planning acquired a new stake in shares of Direxion Daily 20+ Year Treasury Bear 3x Shares in the 2nd quarter valued at about $236,000. Simplex Trading LLC purchased a new position in Direxion Daily 20+ Year Treasury Bear 3x Shares during the 2nd quarter worth approximately $469,000. Finally, Snider Financial Group acquired a new position in Direxion Daily 20+ Year Treasury Bear 3x Shares during the second quarter worth approximately $1,847,000.

Direxion Daily 20+ Year Treasury Bear 3x Shares Trading Up 0.7%

Shares of NYSEARCA TMV opened at $37.90 on Thursday. Direxion Daily 20+ Year Treasury Bear 3x Shares has a twelve month low of $31.03 and a twelve month high of $44.30. The stock has a 50 day moving average of $36.48 and a two-hundred day moving average of $36.02.

Direxion Daily 20+ Year Treasury Bear 3x Shares Profile

Direxion Daily 20 Year Plus Treasury Bear 3x Shares (the Fund), formerly Direxion Daily 30-Year Treasury Bear 3x Shares, seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the NYSE 20 Year Plus Treasury Bond Index (the Index). The Index is a multiple-security fixed income index that aims to track the total returns of the long-term 20-year and greater maturity range of the United States Treasury bond market. The Index constituent bonds are weighted by their relative amounts outstanding.