SBI Securities Co. Ltd. Takes $12.15 Million Position in Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV)

SBI Securities Co. Ltd. purchased a new stake in Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm purchased 305,897 shares of the exchange traded fund’s stock, valued at approximately $12,153,000. SBI Securities Co. Ltd. owned approximately 4.22% of Direxion Daily 20 Year Plus Treasury Bear 3x Shares as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of TMV. MADDEN SECURITIES Corp bought a new stake in shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares in the 4th quarter valued at about $377,000. Virtu Financial LLC raised its position in shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares by 20.0% in the 3rd quarter. Virtu Financial LLC now owns 52,208 shares of the exchange traded fund’s stock valued at $1,509,000 after purchasing an additional 8,686 shares during the last quarter. Finally, IMC Chicago LLC purchased a new position in shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares in the 4th quarter valued at approximately $1,539,000.

Direxion Daily 20 Year Plus Treasury Bear 3x Shares Stock Down 3.6 %

Shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares stock opened at $33.61 on Friday. The company has a 50 day moving average price of $38.94 and a 200 day moving average price of $34.49. Direxion Daily 20 Year Plus Treasury Bear 3x Shares has a 52 week low of $26.16 and a 52 week high of $43.49.

About Direxion Daily 20 Year Plus Treasury Bear 3x Shares

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.