97,997 Shares in Direxion Daily Financial Bear 3X Shares $FAZ Bought by Gunderson Capital Management LLC

Gunderson Capital Management LLC acquired a new stake in shares of Direxion Daily Financial Bear 3X Shares (NYSEARCA:FAZ) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 97,997 shares of the real estate investment trust’s stock, valued at approximately $4,972,000. Direxion Daily Financial Bear 3X Shares comprises about 2.1% of Gunderson Capital Management LLC’s portfolio, making the stock its 23rd largest position.

A number of other institutional investors have also made changes to their positions in FAZ. Virtu Financial LLC bought a new position in shares of Direxion Daily Financial Bear 3X Shares in the fourth quarter valued at approximately $202,000. UBS Group AG boosted its holdings in shares of Direxion Daily Financial Bear 3X Shares by 5,908.8% during the 3rd quarter. UBS Group AG now owns 27,400 shares of the real estate investment trust’s stock worth $1,108,000 after buying an additional 26,944 shares during the period. Quadrature Capital Ltd bought a new stake in shares of Direxion Daily Financial Bear 3X Shares during the 4th quarter worth $1,466,000. Jump Financial LLC acquired a new position in Direxion Daily Financial Bear 3X Shares in the 4th quarter valued at $1,554,000. Finally, Squarepoint Ops LLC grew its stake in Direxion Daily Financial Bear 3X Shares by 48.7% in the 2nd quarter. Squarepoint Ops LLC now owns 218,391 shares of the real estate investment trust’s stock valued at $959,000 after buying an additional 71,516 shares during the last quarter. 9.56% of the stock is owned by institutional investors.

Direxion Daily Financial Bear 3X Shares Trading Down 0.2%

Direxion Daily Financial Bear 3X Shares stock opened at $39.51 on Friday. The business’s 50-day simple moving average is $43.20 and its 200-day simple moving average is $43.53. Direxion Daily Financial Bear 3X Shares has a 52 week low of $34.87 and a 52 week high of $56.37.

About Direxion Daily Financial Bear 3X Shares

Direxion Daily Financial Bear 3x Shares (the Fund) seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the price performance of the Russell 1000 Financial Services Index (the Index). The Index is a subset of the Russell 1000 Index that measures the performance of the securities classified in the financial services sector of the large cap United States equity market. The Fund invests in sectors, such as banks, diversified financial services, real estate investment trust, financial data and systems, asset management and custodian, securities brokerage and services, and consumer lending.