Cary Street Partners Financial LLC purchased a new stake in Direxion Daily 20+ Year Treasury Bear 3x Shares (NYSEARCA:TMV – Free Report) during the first quarter, HoldingsChannel reports. The institutional investor purchased 7,476 shares of the exchange traded fund’s stock, valued at approximately $260,000.
A number of other hedge funds also recently made changes to their positions in TMV. Jump Financial LLC boosted its position in Direxion Daily 20+ Year Treasury Bear 3x Shares by 401.3% during the 4th quarter. Jump Financial LLC now owns 139,261 shares of the exchange traded fund’s stock worth $5,533,000 after buying an additional 111,482 shares during the period. MADDEN SECURITIES Corp boosted its position in Direxion Daily 20+ Year Treasury Bear 3x Shares by 36.8% during the 1st quarter. MADDEN SECURITIES Corp now owns 13,000 shares of the exchange traded fund’s stock worth $452,000 after buying an additional 3,500 shares during the period. Finally, Cim LLC boosted its position in Direxion Daily 20+ Year Treasury Bear 3x Shares by 2.3% during the 4th quarter. Cim LLC now owns 139,881 shares of the exchange traded fund’s stock worth $5,557,000 after buying an additional 3,208 shares during the period.
Direxion Daily 20+ Year Treasury Bear 3x Shares Trading Up 1.5%
NYSEARCA:TMV opened at $37.68 on Friday. Direxion Daily 20+ Year Treasury Bear 3x Shares has a one year low of $26.16 and a one year high of $44.30. The firm’s 50 day simple moving average is $38.98 and its 200 day simple moving average is $38.06.
Direxion Daily 20+ Year Treasury Bear 3x Shares Profile
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.
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Want to see what other hedge funds are holding TMV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily 20+ Year Treasury Bear 3x Shares (NYSEARCA:TMV – Free Report).
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