IMC Chicago LLC bought a new position in Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV – Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 38,725 shares of the exchange traded fund’s stock, valued at approximately $1,539,000.
Separately, Virtu Financial LLC grew its stake in Direxion Daily 20 Year Plus Treasury Bear 3x Shares by 20.0% in the third quarter. Virtu Financial LLC now owns 52,208 shares of the exchange traded fund’s stock worth $1,509,000 after purchasing an additional 8,686 shares in the last quarter.
Direxion Daily 20 Year Plus Treasury Bear 3x Shares Stock Up 2.1 %
Shares of NYSEARCA TMV opened at $37.23 on Monday. Direxion Daily 20 Year Plus Treasury Bear 3x Shares has a twelve month low of $26.16 and a twelve month high of $43.49. The business has a fifty day simple moving average of $38.25 and a two-hundred day simple moving average of $33.94.
Direxion Daily 20 Year Plus 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.
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