Hamilton Wealth LLC Takes Position in Direxion Daily S&P 500 Bear 3X Shares $SPXS

Hamilton Wealth LLC acquired a new position in Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 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 holdings, making the stock its 19th largest holding. Hamilton Wealth LLC owned approximately 3.58% of Direxion Daily S&P 500 Bear 3X Shares as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Daytona Street Capital LLC acquired a new stake in Direxion Daily S&P 500 Bear 3X Shares in the fourth quarter valued at approximately $1,376,000. IMC Chicago LLC purchased a new position in Direxion Daily S&P 500 Bear 3X Shares in the fourth quarter worth $8,967,000. Group One Trading LLC acquired a new position in shares of Direxion Daily S&P 500 Bear 3X Shares during the first quarter worth $2,172,000. Corient Private Wealth LLC acquired a new position in shares of Direxion Daily S&P 500 Bear 3X Shares during the fourth quarter worth $359,000. Finally, PayPay Securities Corp lifted its holdings in shares of Direxion Daily S&P 500 Bear 3X Shares by 145.2% during the 4th quarter. PayPay Securities Corp now owns 3,008 shares of the company’s stock valued at $107,000 after purchasing an additional 1,781 shares during the last quarter.

Direxion Daily S&P 500 Bear 3X Shares Trading Up 4.7%

Shares of SPXS opened at $28.58 on Thursday. Direxion Daily S&P 500 Bear 3X Shares has a 12 month low of $25.53 and a 12 month high of $47.20. The stock has a fifty day moving average price of $26.89 and a 200-day moving average price of $31.86.

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. 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.