IMC Chicago LLC Grows Stock Position in Direxion Daily S&P 500 Bear 1x Shares $SPDN

IMC Chicago LLC grew its stake in Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDNFree Report) by 306.9% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 974,315 shares of the company’s stock after buying an additional 734,884 shares during the quarter. IMC Chicago LLC owned 3.97% of Direxion Daily S&P 500 Bear 1x Shares worth $9,694,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Rockport Wealth LLC purchased a new position in Direxion Daily S&P 500 Bear 1x Shares during the fourth quarter valued at approximately $26,392,000. Leuthold Group LLC boosted its position in Direxion Daily S&P 500 Bear 1x Shares by 34.6% in the 4th quarter. Leuthold Group LLC now owns 2,340,534 shares of the company’s stock worth $22,071,000 after purchasing an additional 601,711 shares in the last quarter. One Plus One Wealth Management LLC grew its stake in shares of Direxion Daily S&P 500 Bear 1x Shares by 35.9% during the 1st quarter. One Plus One Wealth Management LLC now owns 1,403,480 shares of the company’s stock worth $13,965,000 after purchasing an additional 370,941 shares during the period. NewEdge Advisors LLC grew its stake in shares of Direxion Daily S&P 500 Bear 1x Shares by 763,361.5% during the 4th quarter. NewEdge Advisors LLC now owns 496,250 shares of the company’s stock worth $4,680,000 after purchasing an additional 496,185 shares during the period. Finally, Bison Wealth LLC purchased a new position in shares of Direxion Daily S&P 500 Bear 1x Shares during the 4th quarter valued at approximately $4,236,000.

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

NYSEARCA:SPDN opened at $8.60 on Thursday. The company has a 50 day moving average price of $8.74 and a 200-day moving average price of $9.21. Direxion Daily S&P 500 Bear 1x Shares has a 1-year low of $8.58 and a 1-year high of $10.35.

Direxion Daily S&P 500 Bear 1x Shares Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDN)

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