Headlands Technologies LLC Takes Position in Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANG)

Headlands Technologies LLC purchased a new stake in Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANG) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 19,620 shares of the company’s stock, valued at approximately $171,000. Headlands Technologies LLC owned about 0.11% of Direxion Daily FTSE China Bear 3X Shares as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. B. Riley Wealth Advisors Inc. acquired a new position in Direxion Daily FTSE China Bear 3X Shares during the 1st quarter worth about $431,000. IMC Chicago LLC acquired a new position in Direxion Daily FTSE China Bear 3X Shares during the 4th quarter worth about $1,280,000. Jane Street Group LLC lifted its stake in Direxion Daily FTSE China Bear 3X Shares by 61.8% during the 1st quarter. Jane Street Group LLC now owns 1,720,948 shares of the company’s stock worth $19,997,000 after acquiring an additional 657,492 shares in the last quarter. Finally, Virtu Financial LLC lifted its stake in Direxion Daily FTSE China Bear 3X Shares by 305.5% during the 1st quarter. Virtu Financial LLC now owns 284,165 shares of the company’s stock worth $3,302,000 after acquiring an additional 214,086 shares in the last quarter.

Direxion Daily FTSE China Bear 3X Shares Price Performance

YANG opened at $8.82 on Friday. The stock’s 50-day moving average price is $8.76 and its 200 day moving average price is $9.33. Direxion Daily FTSE China Bear 3X Shares has a 12-month low of $6.08 and a 12-month high of $19.16.

Direxion Daily FTSE China Bear 3X Shares Company Profile

Direxion Daily China Bear 3x Shares (the Fund) seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the BNY China Select ADR Index (the China Index). The China Index is a free float-adjusted capitalization-weighted index designed by the Bank of New York to track the performance of a basket of companies who have their primary equity listing on a stock exchange in China and which also have depositary receipts that trade on a United States exchange or on the National Association of Securities and Dealers Automated Quotation.