Virtu Financial LLC acquired a new position in shares of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares (NYSEARCA:DRIP – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 72,688 shares of the company’s stock, valued at approximately $792,000. Virtu Financial LLC owned about 1.15% of Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares as of its most recent filing with the Securities & Exchange Commission.
Separately, SBI Securities Co. Ltd. acquired a new stake in Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares in the fourth quarter valued at $35,000.
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares Trading Down 2.9 %
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares stock opened at $10.55 on Tuesday. Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares has a 52 week low of $7.87 and a 52 week high of $13.38. The firm’s 50-day simple moving average is $10.61 and its 200 day simple moving average is $10.65.
About Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2x Shares
The Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares (DRIP) is an exchange-traded fund that mostly invests in energy equity. The fund provides 2x inverse daily exposure to an equal-weighted index of the largest oil and gas exploration and production companies in the US. DRIP was launched on May 28, 2015 and is managed by Direxion.
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