One Plus One Wealth Management LLC cut its stake in shares of Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDN – Free Report) by 30.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 787,208 shares of the company’s stock after selling 350,035 shares during the quarter. Direxion Daily S&P 500 Bear 1x Shares accounts for approximately 5.1% of One Plus One Wealth Management LLC’s holdings, making the stock its 4th biggest position. One Plus One Wealth Management LLC owned approximately 4.95% of Direxion Daily S&P 500 Bear 1x Shares worth $8,667,000 at the end of the most recent reporting period.
Other hedge funds have also recently modified their holdings of the company. Synergy Asset Management LLC purchased a new position in Direxion Daily S&P 500 Bear 1x Shares in the fourth quarter worth $47,000. NovaPoint Capital LLC purchased a new position in Direxion Daily S&P 500 Bear 1x Shares in the third quarter worth $157,000. Creative Planning purchased a new position in Direxion Daily S&P 500 Bear 1x Shares in the second quarter worth $282,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in Direxion Daily S&P 500 Bear 1x Shares in the third quarter worth $337,000. Finally, Choreo LLC raised its position in Direxion Daily S&P 500 Bear 1x Shares by 197.6% in the fourth quarter. Choreo LLC now owns 76,867 shares of the company’s stock worth $852,000 after acquiring an additional 51,040 shares in the last quarter.
Direxion Daily S&P 500 Bear 1x Shares Trading Up 0.3 %
NYSEARCA:SPDN opened at $10.77 on Thursday. The stock has a fifty day moving average price of $10.84 and a two-hundred day moving average price of $11.19. Direxion Daily S&P 500 Bear 1x Shares has a 1 year low of $10.60 and a 1 year high of $13.01.
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.
Featured Stories
- Five stocks we like better than Direxion Daily S&P 500 Bear 1x Shares
- What is a Dividend King?
- Will Falling Bond Yields Send These 2 Small Caps Soaring?
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- These 2 Tech Stocks Are Surging Back After a Q4 2024 Plunge
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Digital Turbine Roars Back—What’s Driving the Ad Tech Surge?
Want to see what other hedge funds are holding SPDN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDN – Free Report).
Receive News & Ratings for Direxion Daily S&P 500 Bear 1x Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily S&P 500 Bear 1x Shares and related companies with MarketBeat.com's FREE daily email newsletter.
