Virtu Financial LLC Buys New Position in Direxion Daily S&P 500 High Beta Bear 3X Shares (NYSEARCA:HIBS)

Posted by Donald Scott on Mar 26th, 2025

Virtu Financial LLC purchased a new position in Direxion Daily S&P 500 High Beta Bear 3X Shares (NYSEARCA:HIBS – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 29,581 shares of the company’s stock, valued at approximately $563,000.

Separately, Jane Street Group LLC grew its stake in shares of Direxion Daily S&P 500 High Beta Bear 3X Shares by 32.7% during the third quarter. Jane Street Group LLC now owns 19,335 shares of the company’s stock valued at $370,000 after acquiring an additional 4,764 shares in the last quarter.

Direxion Daily S&P 500 High Beta Bear 3X Shares Stock Down 0.7 %

Shares of NYSEARCA HIBS opened at $20.45 on Wednesday. Direxion Daily S&P 500 High Beta Bear 3X Shares has a 1 year low of $14.71 and a 1 year high of $32.18. The stock’s 50-day simple moving average is $19.01 and its 200-day simple moving average is $18.81.

Direxion Daily S&P 500 High Beta Bear 3X Shares Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th will be given a $0.2298 dividend. The ex-dividend date is Tuesday, March 25th.

About Direxion Daily S&P 500 High Beta Bear 3X Shares

(Free Report)

The Direxion Daily S&P 500 High Beta Bear 3X Shares (HIBS) is an exchange-traded fund that is based on the S&P 500 High Beta index. The fund provides 3x daily inverse exposure to a beta-weighted index of 100 highest-beta stocks in the S&P 500. HIBS was launched on Nov 7, 2019 and is managed by Direxion.