Guyasuta Investment Advisors Inc. decreased its position in shares of Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDN – Get Rating) by 2.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 95,968 shares of the company's stock after selling 2,808 shares during the quarter. Guyasuta Investment Advisors Inc.'s holdings in Direxion Daily S&P 500 Bear 1x Shares were worth $1,584,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. UBS Group AG bought a new stake in Direxion Daily S&P 500 Bear 1x Shares during the first quarter worth approximately $30,000. Captrust Financial Advisors bought a new stake in shares of Direxion Daily S&P 500 Bear 1x Shares during the 1st quarter worth $96,000. Newbridge Financial Services Group Inc. grew its holdings in shares of Direxion Daily S&P 500 Bear 1x Shares by 498.9% in the 3rd quarter. Newbridge Financial Services Group Inc. now owns 5,690 shares of the company's stock worth $102,000 after acquiring an additional 4,740 shares during the last quarter. Allworth Financial LP acquired a new stake in shares of Direxion Daily S&P 500 Bear 1x Shares during the fourth quarter worth $132,000. Finally, Quantbot Technologies LP purchased a new stake in shares of Direxion Daily S&P 500 Bear 1x Shares during the second quarter valued at $136,000.

Direxion Daily S&P 500 Bear 1x Shares Trading Down 0.1 %

NYSEARCA:SPDN opened at $15.50 on Tuesday. The stock has a fifty day simple moving average of $15.81 and a 200 day simple moving average of $16.26. Direxion Daily S&P 500 Bear 1x Shares has a 1-year low of $14.58 and a 1-year high of $18.32.

Direxion Daily S&P 500 Bear 1x Shares Profile

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The Direxion Daily S&P 500 Bear 1X Shares (SPDN) is an exchange-traded fund that is based on the S&P 500 index. The fund provides daily inverse exposure to the S&P 500, a market-cap-weighted index of 500 US large-cap firms selected by the S&Ps index committee. SPDN was launched on Jun 8, 2016 and is managed by Direxion.

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