Virtu Financial LLC Purchases 51,711 Shares of Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANG)

Virtu Financial LLC boosted its position in shares of Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANG) by 18.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 335,876 shares of the company’s stock after buying an additional 51,711 shares during the period. Virtu Financial LLC owned approximately 1.94% of Direxion Daily FTSE China Bear 3X Shares worth $2,932,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. IMC Chicago LLC bought a new stake in shares of Direxion Daily FTSE China Bear 3X Shares in the 4th quarter worth about $1,280,000. B. Riley Wealth Advisors Inc. bought a new stake in Direxion Daily FTSE China Bear 3X Shares in the first quarter worth $431,000. Jane Street Group LLC lifted its position in Direxion Daily FTSE China Bear 3X Shares by 61.8% in the first quarter. Jane Street Group LLC now owns 1,720,948 shares of the company’s stock worth $19,997,000 after buying an additional 657,492 shares during the last quarter. Finally, Headlands Technologies LLC purchased a new position in Direxion Daily FTSE China Bear 3X Shares during the second quarter worth $171,000.

Direxion Daily FTSE China Bear 3X Shares Price Performance

Shares of YANG opened at $8.68 on Tuesday. The company’s fifty day simple moving average is $8.76 and its 200-day simple moving average is $9.27. Direxion Daily FTSE China Bear 3X Shares has a twelve month low of $6.08 and a twelve month high of $19.16.

About Direxion Daily FTSE China Bear 3X Shares

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.