Direxion Daily S&P 500 Bear 1x Shares $SPDN Shares Bought by Rockport Wealth LLC

Rockport Wealth LLC grew its stake in Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDN) by 3.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,904,522 shares of the company’s stock after acquiring an additional 105,788 shares during the quarter. Direxion Daily S&P 500 Bear 1x Shares comprises approximately 5.3% of Rockport Wealth LLC’s portfolio, making the stock its 3rd biggest holding. Rockport Wealth LLC owned approximately 0.12% of Direxion Daily S&P 500 Bear 1x Shares worth $28,911,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the stock. Steward Partners Investment Advisory LLC acquired a new stake in shares of Direxion Daily S&P 500 Bear 1x Shares during the fourth quarter valued at $49,000. A. D. Beadell Investment Counsel Inc. acquired a new position in Direxion Daily S&P 500 Bear 1x Shares in the 4th quarter valued at about $117,000. IHT Wealth Management LLC purchased a new position in Direxion Daily S&P 500 Bear 1x Shares in the 2nd quarter valued at about $159,000. Moors & Cabot Inc. lifted its holdings in Direxion Daily S&P 500 Bear 1x Shares by 27.0% in the 3rd quarter. Moors & Cabot Inc. now owns 17,132 shares of the company’s stock valued at $165,000 after purchasing an additional 3,647 shares in the last quarter. Finally, XTX Topco Ltd purchased a new position in Direxion Daily S&P 500 Bear 1x Shares in the 2nd quarter valued at about $181,000.

Direxion Daily S&P 500 Bear 1x Shares Stock Down 0.3%

Direxion Daily S&P 500 Bear 1x Shares stock opened at $8.60 on Thursday. Direxion Daily S&P 500 Bear 1x Shares has a 12-month low of $8.58 and a 12-month high of $10.35. The firm’s 50-day moving average is $8.74 and its two-hundred day moving average is $9.21.

Direxion Daily S&P 500 Bear 1x Shares Profile

The Direxion Daily S&P 500 Bear 1X Shares (SPDN) is an exchange-traded fund that is based on the S&P 500 index. The fund provides daily inverse exposure to the S&P 500, a market-cap-weighted index of 500 US large-cap firms selected by the S&Ps index committee. SPDN was launched on Jun 8, 2016 and is managed by Direxion.