12,380 Shares in Direxion Daily Real Estate Bear 3X Shares (NYSEARCA:DRV) Acquired by IMC Chicago LLC

IMC Chicago LLC purchased a new stake in shares of Direxion Daily Real Estate Bear 3X Shares (NYSEARCA:DRV) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 12,380 shares of the company’s stock, valued at approximately $433,000. IMC Chicago LLC owned approximately 0.43% of Direxion Daily Real Estate Bear 3X Shares as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Virtu Financial LLC grew its stake in shares of Direxion Daily Real Estate Bear 3X Shares by 112.5% in the fourth quarter. Virtu Financial LLC now owns 57,371 shares of the company’s stock valued at $1,972,000 after buying an additional 30,372 shares in the last quarter. Canton Hathaway LLC acquired a new stake in Direxion Daily Real Estate Bear 3X Shares in the fourth quarter valued at approximately $130,000. Finally, Simplex Trading LLC purchased a new stake in shares of Direxion Daily Real Estate Bear 3X Shares during the fourth quarter valued at approximately $66,000.

Direxion Daily Real Estate Bear 3X Shares Stock Performance

Shares of DRV stock opened at $37.03 on Friday. The firm has a fifty day simple moving average of $40.16 and a 200-day simple moving average of $38.60. Direxion Daily Real Estate Bear 3X Shares has a twelve month low of $33.25 and a twelve month high of $72.19.

About Direxion Daily Real Estate Bear 3X Shares

The Direxion Daily Real Estate Bear 3X Shares (DRV) is an exchange-traded fund that is based on the S&P Real Estate Select Sector index. The fund provides 3x leveraged inverse exposure to an index that captures large cap equities of the US real estate segment. DRV was launched on Jul 16, 2009 and is managed by Direxion.