SG Americas Securities LLC Makes New $532,000 Investment in Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANG)

SG Americas Securities LLC purchased a new position in shares of Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANGGet Rating) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 23,400 shares of the company’s stock, valued at approximately $532,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in YANG. Virtu Financial LLC bought a new stake in Direxion Daily FTSE China Bear 3X Shares during the first quarter worth $382,000. Bank of America Corp DE raised its position in Direxion Daily FTSE China Bear 3X Shares by 593.4% during the first quarter. Bank of America Corp DE now owns 53,818 shares of the company’s stock worth $881,000 after acquiring an additional 46,056 shares in the last quarter. Simplex Trading LLC bought a new stake in Direxion Daily FTSE China Bear 3X Shares during the second quarter worth $539,000. Finally, Goldman Sachs Group Inc. bought a new stake in Direxion Daily FTSE China Bear 3X Shares during the second quarter worth $365,000.

Direxion Daily FTSE China Bear 3X Shares Price Performance

Shares of YANG opened at $7.32 on Tuesday. The company’s 50-day moving average is $12.42 and its 200-day moving average is $17.04. Direxion Daily FTSE China Bear 3X Shares has a fifty-two week low of $7.18 and a fifty-two week high of $48.44.

Direxion Daily FTSE China Bear 3X Shares Profile

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Direxion Daily China Bear 3x Shares (the Fund) seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation.

See Also

Want to see what other hedge funds are holding YANG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANGGet Rating).

Institutional Ownership by Quarter for Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANG)

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