IMC Chicago LLC Sells 209,684 Shares of Direxion Daily AVGO Bear 1X Shares $AVS

IMC Chicago LLC decreased its holdings in Direxion Daily AVGO Bear 1X Shares (NASDAQ:AVS) by 82.8% in the first quarter, Holdings Channel.com reports. The firm owned 43,609 shares of the company’s stock after selling 209,684 shares during the period. IMC Chicago LLC’s holdings in Direxion Daily AVGO Bear 1X Shares were worth $447,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in AVS. MWA Asset Management purchased a new position in Direxion Daily AVGO Bear 1X Shares in the 4th quarter worth $118,000. AFG Fiduciary Services Limited Partnership bought a new stake in Direxion Daily AVGO Bear 1X Shares in the fourth quarter worth $128,000. Advisory Services Network LLC bought a new position in shares of Direxion Daily AVGO Bear 1X Shares during the second quarter valued at about $1,019,000. Finally, Genesis Financial Group LLC purchased a new position in shares of Direxion Daily AVGO Bear 1X Shares in the fourth quarter worth about $1,868,000.

Direxion Daily AVGO Bear 1X Shares Trading Up 4.8%

AVS opened at $7.87 on Friday. Direxion Daily AVGO Bear 1X Shares has a 12 month low of $6.25 and a 12 month high of $13.03. The business’s 50-day moving average price is $7.58 and its 200-day moving average price is $8.75.

Direxion Daily AVGO Bear 1X Shares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were paid a $0.0358 dividend. This represents a $0.14 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Tuesday, June 23rd.

Direxion Daily AVGO Bear 1X Shares Profile

The Direxion Daily AVGO Bear 1X Shares (AVS) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Broadcom Inc stock. AVS was launched on Oct 10, 2024 and is issued by Direxion.