IMC Chicago LLC Buys Shares of 64,395 Daily Dow Jones Internet Bear 3X Shares (NYSEARCA:WEBS)

IMC Chicago LLC purchased a new position in Daily Dow Jones Internet Bear 3X Shares (NYSEARCA:WEBS) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 64,395 shares of the company’s stock, valued at approximately $404,000. IMC Chicago LLC owned 2.41% of Daily Dow Jones Internet Bear 3X Shares as of its most recent filing with the Securities and Exchange Commission.

Separately, Tower Research Capital LLC TRC lifted its stake in Daily Dow Jones Internet Bear 3X Shares by 1,649.1% in the third quarter. Tower Research Capital LLC TRC now owns 33,163 shares of the company’s stock valued at $471,000 after buying an additional 31,267 shares during the period.

Daily Dow Jones Internet Bear 3X Shares Stock Up 2.0 %

Shares of WEBS stock opened at $6.24 on Friday. The firm has a 50 day moving average of $6.72 and a 200-day moving average of $7.12. Daily Dow Jones Internet Bear 3X Shares has a 52 week low of $5.95 and a 52 week high of $17.86.

About Daily Dow Jones Internet Bear 3X Shares

The Direxion Daily Dow Jones Internet Bear 3X Shares (WEBS) is an exchange-traded fund that is based on the DJ Internet Composite index. The fund provides 3x daily inverse exposure to a market-cap-weighted index of the largest and most liquid U.S. Internet companies. WEBS was launched on Nov 7, 2019 and is managed by Direxion.