JPMorgan Chase & Co. Takes Position in Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANG)

JPMorgan Chase & Co. acquired a new position in Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANG) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 905,500 shares of the company’s stock, valued at approximately $3,767,000. JPMorgan Chase & Co. owned approximately 5.23% of Direxion Daily FTSE China Bear 3X Shares as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in YANG. Squarepoint Ops LLC raised its position in Direxion Daily FTSE China Bear 3X Shares by 64.4% during the second quarter. Squarepoint Ops LLC now owns 192,614 shares of the company’s stock worth $1,682,000 after acquiring an additional 75,476 shares during the last quarter. TB Alternative Assets Ltd. purchased a new position in shares of Direxion Daily FTSE China Bear 3X Shares during the 3rd quarter worth $866,000. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in Direxion Daily FTSE China Bear 3X Shares in the 3rd quarter worth about $206,000.

Direxion Daily FTSE China Bear 3X Shares Stock Performance

Direxion Daily FTSE China Bear 3X Shares stock opened at $69.68 on Friday. Direxion Daily FTSE China Bear 3X Shares has a 1 year low of $47.80 and a 1 year high of $383.20. The firm has a 50 day moving average price of $74.23 and a 200 day moving average price of $1,737.57.

Direxion Daily FTSE China Bear 3X Shares 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.