LifeGuide Financial Advisors LLC Buys Shares of 23,650 Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV)

LifeGuide Financial Advisors LLC purchased a new stake in shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV) in the first quarter, according to its most recent filing with the SEC. The firm purchased 23,650 shares of the exchange traded fund’s stock, valued at approximately $792,000. Direxion Daily 20 Year Plus Treasury Bear 3x Shares accounts for about 0.4% of LifeGuide Financial Advisors LLC’s portfolio, making the stock its 20th largest position.

Other institutional investors have also modified their holdings of the company. Simplex Trading LLC purchased a new stake in Direxion Daily 20 Year Plus Treasury Bear 3x Shares during the fourth quarter worth $274,000. Citigroup Inc. grew its stake in Direxion Daily 20 Year Plus Treasury Bear 3x Shares by 343.2% in the 3rd quarter. Citigroup Inc. now owns 6,076 shares of the exchange traded fund’s stock valued at $268,000 after acquiring an additional 4,705 shares during the last quarter. Pacific Capital Wealth Advisors Inc. purchased a new position in Direxion Daily 20 Year Plus Treasury Bear 3x Shares during the 4th quarter valued at about $43,000. IMC Chicago LLC acquired a new position in Direxion Daily 20 Year Plus Treasury Bear 3x Shares during the fourth quarter worth about $5,037,000. Finally, Cim LLC purchased a new stake in shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares in the fourth quarter valued at about $3,876,000.

Direxion Daily 20 Year Plus Treasury Bear 3x Shares Trading Up 5.0 %

Shares of TMV traded up $1.79 during mid-day trading on Monday, reaching $37.68. 1,057,072 shares of the company’s stock were exchanged, compared to its average volume of 2,405,838. Direxion Daily 20 Year Plus Treasury Bear 3x Shares has a 52-week low of $28.14 and a 52-week high of $53.77. The company has a 50-day simple moving average of $36.95 and a two-hundred day simple moving average of $34.96.

About Direxion Daily 20 Year Plus Treasury Bear 3x Shares

Direxion Daily 20 Year Plus Treasury Bear 3x Shares (the Fund), formerly Direxion Daily 30-Year Treasury Bear 3x Shares, seeks daily investment results of 300% of the inverse (or opposite) of the price performance of the NYSE 20 Year Plus Treasury Bond Index (the Index). The Index is a multiple-security fixed income index that aims to track the total returns of the long-term 20-year and greater maturity range of the United States Treasury bond market.