IMC Chicago LLC trimmed its holdings in shares of Direxion Daily Energy Bear 2X Shares (NYSEARCA:ERY – Free Report) by 9.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,183 shares of the exchange traded fund’s stock after selling 2,584 shares during the period. IMC Chicago LLC owned about 2.47% of Direxion Daily Energy Bear 2X Shares worth $635,000 at the end of the most recent quarter.
Separately, Virtu Financial LLC boosted its position in Direxion Daily Energy Bear 2X Shares by 181.7% during the third quarter. Virtu Financial LLC now owns 43,816 shares of the exchange traded fund’s stock valued at $1,066,000 after purchasing an additional 28,261 shares during the last quarter.
Direxion Daily Energy Bear 2X Shares Stock Down 1.5 %
NYSEARCA:ERY opened at $22.31 on Wednesday. Direxion Daily Energy Bear 2X Shares has a twelve month low of $19.64 and a twelve month high of $28.72. The stock’s 50 day moving average price is $23.67 and its two-hundred day moving average price is $23.36.
Direxion Daily Energy Bear 2X Shares Company Profile
The Direxion Daily Energy Bear 2X Shares (ERY) is an exchange-traded fund that is based on the Energy Select Sector index. The fund provides 2x inverse exposure to a market-cap-weighted index of US large-cap companies in the energy industry. ERY was launched on Nov 6, 2008 and is managed by Direxion.
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