42,707 Shares in Daily Dow Jones Internet Bear 3X Shares (NYSEARCA:WEBS) Purchased by Jane Street Group LLC

Jane Street Group LLC purchased a new position in shares of Daily Dow Jones Internet Bear 3X Shares (NYSEARCA:WEBS) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 42,707 shares of the company’s stock, valued at approximately $1,500,000.

Separately, Tower Research Capital LLC TRC grew its holdings in Daily Dow Jones Internet Bear 3X Shares by 1,512.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 13,626 shares of the company’s stock worth $479,000 after purchasing an additional 12,781 shares during the period.

Daily Dow Jones Internet Bear 3X Shares Trading Down 2.1%

Daily Dow Jones Internet Bear 3X Shares stock opened at $25.06 on Monday. The stock has a 50-day simple moving average of $39.10 and a 200 day simple moving average of $35.77. Daily Dow Jones Internet Bear 3X Shares has a 52 week low of $25.05 and a 52 week high of $93.60.

About Daily Dow Jones Internet Bear 3X Shares

The Direxion Daily Dow Jones Internet Bear 3X Shares (WEBS) is an exchange-traded fund that is based on the DJ Internet Composite index. The fund provides 3x daily inverse exposure to a market-cap-weighted index of the largest and most liquid U.S. Internet companies. WEBS was launched on Nov 7, 2019 and is managed by Direxion.