Genesis Financial Group LLC lessened its position in shares of Direxion Daily AVGO Bear 1X Shares (NASDAQ:AVS – Free Report) by 34.7% in the first quarter, Holdings Channel.com reports. The institutional investor owned 129,013 shares of the company’s stock after selling 68,640 shares during the period. Genesis Financial Group LLC owned approximately 0.13% of Direxion Daily AVGO Bear 1X Shares worth $1,322,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also bought and sold shares of the company. IMC Chicago LLC bought a new stake in Direxion Daily AVGO Bear 1X Shares during the fourth quarter valued at $2,394,000. Advisory Services Network LLC acquired a new position in Direxion Daily AVGO Bear 1X Shares in the second quarter valued at approximately $1,019,000. Finally, MWA Asset Management bought a new position in shares of Direxion Daily AVGO Bear 1X Shares during the 4th quarter worth approximately $118,000.
Direxion Daily AVGO Bear 1X Shares Stock Performance
Direxion Daily AVGO Bear 1X Shares stock opened at $7.98 on Thursday. Direxion Daily AVGO Bear 1X Shares has a 52-week low of $6.25 and a 52-week high of $12.70. The stock’s 50 day moving average price is $7.64 and its two-hundred day moving average price is $8.64.
Direxion Daily AVGO Bear 1X Shares Announces Dividend
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.
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Want to see what other hedge funds are holding AVS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily AVGO Bear 1X Shares (NASDAQ:AVS – Free Report).
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