Jane Street Group LLC Has $370,000 Holdings in Direxion Daily S&P 500 High Beta Bear 3X Shares (NYSEARCA:HIBS)

Jane Street Group LLC lifted its stake in shares of Direxion Daily S&P 500 High Beta Bear 3X Shares (NYSEARCA:HIBS) by 32.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,335 shares of the company’s stock after buying an additional 4,764 shares during the period. Jane Street Group LLC owned about 1.35% of Direxion Daily S&P 500 High Beta Bear 3X Shares worth $370,000 as of its most recent SEC filing.

Direxion Daily S&P 500 High Beta Bear 3X Shares Stock Performance

NYSEARCA HIBS opened at $18.02 on Thursday. Direxion Daily S&P 500 High Beta Bear 3X Shares has a twelve month low of $15.27 and a twelve month high of $32.39. The stock has a fifty day simple moving average of $17.72 and a 200 day simple moving average of $20.75.

About Direxion Daily S&P 500 High Beta Bear 3X Shares

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