3,109 Shares in Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANG) Bought by Headlands Technologies LLC

Headlands Technologies LLC acquired a new stake in Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANG) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 3,109 shares of the company’s stock, valued at approximately $218,000.

A number of other large investors have also modified their holdings of YANG. JPMorgan Chase & Co. purchased a new stake in Direxion Daily FTSE China Bear 3X Shares in the 3rd quarter worth $3,767,000. Virtu Financial LLC acquired a new stake in Direxion Daily FTSE China Bear 3X Shares in the 4th quarter worth about $2,325,000. Finally, SBI Securities Co. Ltd. purchased a new stake in Direxion Daily FTSE China Bear 3X Shares during the 4th quarter worth approximately $145,000.

Direxion Daily FTSE China Bear 3X Shares Stock Performance

NYSEARCA YANG opened at $50.59 on Friday. The stock’s 50 day simple moving average is $44.39 and its 200-day simple moving average is $436.00. Direxion Daily FTSE China Bear 3X Shares has a 1-year low of $31.73 and a 1-year high of $245.80.

Direxion Daily FTSE China Bear 3X Shares Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were paid a $0.2551 dividend. The ex-dividend date of this dividend was Tuesday, March 25th.

Direxion Daily FTSE China Bear 3X Shares Company Profile

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.