IMC Chicago LLC Invests $610,000 in Direxion Daily S&P 500 High Beta Bull 3X Shares (NYSEARCA:HIBL)

IMC Chicago LLC acquired a new position in shares of Direxion Daily S&P 500 High Beta Bull 3X Shares (NYSEARCA:HIBLFree Report) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 12,460 shares of the company’s stock, valued at approximately $610,000. IMC Chicago LLC owned about 0.65% of Direxion Daily S&P 500 High Beta Bull 3X Shares as of its most recent SEC filing.

Separately, Virtu Financial LLC acquired a new stake in Direxion Daily S&P 500 High Beta Bull 3X Shares in the 4th quarter valued at $1,505,000.

Direxion Daily S&P 500 High Beta Bull 3X Shares Trading Up 0.5 %

Shares of NYSEARCA HIBL opened at $41.68 on Friday. Direxion Daily S&P 500 High Beta Bull 3X Shares has a 12-month low of $20.00 and a 12-month high of $49.54. The company has a market cap of $54.60 million, a P/E ratio of 25.16 and a beta of 4.50. The stock has a fifty day moving average price of $41.15 and a 200 day moving average price of $41.76.

Direxion Daily S&P 500 High Beta Bull 3X Shares Company Profile

(Free Report)

The Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL) is an exchange-traded fund that is based on the S&P 500 High Beta index. The fund provides 3x daily leveraged exposure to a beta-weighted index of 100 highest-beta stocks in the S&P 500. HIBL was launched on Nov 7, 2019 and is managed by Direxion.

See Also

Want to see what other hedge funds are holding HIBL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily S&P 500 High Beta Bull 3X Shares (NYSEARCA:HIBLFree Report).

Institutional Ownership by Quarter for Direxion Daily S&P 500 High Beta Bull 3X Shares (NYSEARCA:HIBL)

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