Simplex Trading LLC Takes $274,000 Position in Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV)

Simplex Trading LLC acquired a new position in shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 9,254 shares of the exchange traded fund’s stock, valued at approximately $274,000. Simplex Trading LLC owned 0.41% of Direxion Daily 20 Year Plus Treasury Bear 3x Shares at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of TMV. Citigroup Inc. boosted its holdings in Direxion Daily 20 Year Plus Treasury Bear 3x Shares by 343.2% during the third quarter. Citigroup Inc. now owns 6,076 shares of the exchange traded fund’s stock valued at $268,000 after acquiring an additional 4,705 shares during the period. XR Securities LLC bought a new stake in Direxion Daily 20 Year Plus Treasury Bear 3x Shares during the 4th quarter valued at approximately $568,000. Finally, TRUE Private Wealth Advisors grew its holdings in Direxion Daily 20 Year Plus Treasury Bear 3x Shares by 211.0% in the 3rd quarter. TRUE Private Wealth Advisors now owns 64,406 shares of the exchange traded fund’s stock valued at $2,843,000 after buying an additional 43,696 shares during the last quarter.

Direxion Daily 20 Year Plus Treasury Bear 3x Shares Trading Down 1.9 %

Shares of TMV stock opened at $37.48 on Wednesday. The stock has a 50 day moving average of $36.55 and a 200-day moving average of $36.53. Direxion Daily 20 Year Plus Treasury Bear 3x Shares has a 12 month low of $26.94 and a 12 month high of $53.77.

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.