One Plus One Wealth Management LLC Invests $2.01 Million in Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDN)

One Plus One Wealth Management LLC purchased a new position in shares of Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDNFree Report) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 151,032 shares of the company’s stock, valued at approximately $2,007,000. Direxion Daily S&P 500 Bear 1x Shares makes up 1.2% of One Plus One Wealth Management LLC’s holdings, making the stock its 25th largest position.

Several other hedge funds and other institutional investors have also modified their holdings of the company. GTS Securities LLC acquired a new stake in shares of Direxion Daily S&P 500 Bear 1x Shares in the second quarter valued at $20,660,000. Kaydan Wealth Management Inc. acquired a new stake in shares of Direxion Daily S&P 500 Bear 1x Shares in the third quarter valued at $14,535,000. Leuthold Group LLC raised its stake in shares of Direxion Daily S&P 500 Bear 1x Shares by 21.8% in the third quarter. Leuthold Group LLC now owns 1,790,778 shares of the company’s stock valued at $26,575,000 after acquiring an additional 320,224 shares in the last quarter. Envestnet Asset Management Inc. acquired a new stake in shares of Direxion Daily S&P 500 Bear 1x Shares in the third quarter valued at $3,929,000. Finally, Renaissance Technologies LLC acquired a new stake in shares of Direxion Daily S&P 500 Bear 1x Shares in the first quarter valued at $2,526,000.

Direxion Daily S&P 500 Bear 1x Shares Trading Up 0.2 %

Shares of NYSEARCA SPDN opened at $12.20 on Tuesday. Direxion Daily S&P 500 Bear 1x Shares has a 12-month low of $12.12 and a 12-month high of $15.81. The business’s fifty day simple moving average is $12.65 and its 200-day simple moving average is $13.65.

About Direxion Daily S&P 500 Bear 1x Shares

(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.

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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:SPDNFree Report).

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

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