One Plus One Wealth Management LLC Has $7.99 Million Stock Holdings in Direxion Daily S&P 500 Bear 1x Shares $SPDN

One Plus One Wealth Management LLC lessened its holdings in Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDN) by 23.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 831,459 shares of the company’s stock after selling 248,525 shares during the quarter. Direxion Daily S&P 500 Bear 1x Shares accounts for approximately 3.9% of One Plus One Wealth Management LLC’s investment portfolio, making the stock its 5th biggest holding. One Plus One Wealth Management LLC owned 6.73% of Direxion Daily S&P 500 Bear 1x Shares worth $7,990,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Arkadios Wealth Advisors acquired a new stake in Direxion Daily S&P 500 Bear 1x Shares in the 2nd quarter valued at $4,085,000. Bison Wealth LLC acquired a new stake in shares of Direxion Daily S&P 500 Bear 1x Shares in the fourth quarter valued at about $4,236,000. Jump Financial LLC bought a new stake in Direxion Daily S&P 500 Bear 1x Shares during the second quarter worth about $3,463,000. HRT Financial LP bought a new stake in Direxion Daily S&P 500 Bear 1x Shares during the second quarter worth about $2,886,000. Finally, NewEdge Advisors LLC acquired a new position in Direxion Daily S&P 500 Bear 1x Shares during the first quarter valued at approximately $2,654,000.

Direxion Daily S&P 500 Bear 1x Shares Stock Up 0.1%

NYSEARCA:SPDN opened at $9.31 on Friday. Direxion Daily S&P 500 Bear 1x Shares has a twelve month low of $9.29 and a twelve month high of $13.35. The stock’s 50 day moving average price is $9.52 and its two-hundred day moving average price is $9.87.

Direxion Daily S&P 500 Bear 1x Shares Profile

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.