B. Riley Wealth Advisors Inc. Invests $326,000 in Direxion Daily Technology Bear 3X Shares (NYSEARCA:TECS)

B. Riley Wealth Advisors Inc. bought a new stake in shares of Direxion Daily Technology Bear 3X Shares (NYSEARCA:TECS) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 60,000 shares of the company’s stock, valued at approximately $326,000. B. Riley Wealth Advisors Inc. owned 0.61% of Direxion Daily Technology Bear 3X Shares at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Virtu Financial LLC bought a new stake in shares of Direxion Daily Technology Bear 3X Shares in the third quarter worth about $1,140,000. Flow Traders U.S. LLC increased its stake in Direxion Daily Technology Bear 3X Shares by 72.4% in the 3rd quarter. Flow Traders U.S. LLC now owns 181,173 shares of the company’s stock worth $967,000 after acquiring an additional 76,102 shares during the last quarter. Larson Financial Group LLC purchased a new stake in shares of Direxion Daily Technology Bear 3X Shares during the 3rd quarter worth approximately $75,000. JFS Wealth Advisors LLC boosted its position in shares of Direxion Daily Technology Bear 3X Shares by 120.0% during the 3rd quarter. JFS Wealth Advisors LLC now owns 11,000 shares of the company’s stock valued at $59,000 after acquiring an additional 6,000 shares during the last quarter. Finally, Magnolia Capital Advisors LLC purchased a new position in shares of Direxion Daily Technology Bear 3X Shares in the second quarter valued at $133,000.

Direxion Daily Technology Bear 3X Shares Stock Up 0.2 %

Direxion Daily Technology Bear 3X Shares stock opened at $46.83 on Friday. Direxion Daily Technology Bear 3X Shares has a 52-week low of $42.55 and a 52-week high of $107.60. The firm’s fifty day moving average is $46.82 and its 200 day moving average is $400.92.

About Direxion Daily Technology Bear 3X Shares

The Direxion Daily Technology Bear 3X Shares (TECS) is an exchange-traded fund that is based on the Technology Select Sector index. The fund provides 3x leveraged inverse exposure to a market-cap-weighted index of US large-cap technology companies. TECS was launched on Dec 17, 2008 and is managed by Direxion.