Pacific Capital Wealth Advisors Inc. Acquires Shares of 1,452 Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV)

Pacific Capital Wealth Advisors Inc. bought a new position in shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares (NYSEARCA:TMV) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 1,452 shares of the exchange traded fund’s stock, valued at approximately $43,000.

A number of other institutional investors have also made changes to their positions in the business. Citigroup Inc. lifted its position in Direxion Daily 20 Year Plus Treasury Bear 3x Shares by 343.2% during the third quarter. Citigroup Inc. now owns 6,076 shares of the exchange traded fund’s stock worth $268,000 after acquiring an additional 4,705 shares during the last quarter. Simplex Trading LLC bought a new position in shares of Direxion Daily 20 Year Plus Treasury Bear 3x Shares during the fourth quarter worth approximately $274,000. XR Securities LLC acquired a new stake in Direxion Daily 20 Year Plus Treasury Bear 3x Shares during the 4th quarter worth approximately $568,000. Finally, TRUE Private Wealth Advisors lifted its holdings in Direxion Daily 20 Year Plus Treasury Bear 3x Shares by 211.0% during the 3rd quarter. TRUE Private Wealth Advisors now owns 64,406 shares of the exchange traded fund’s stock worth $2,843,000 after purchasing an additional 43,696 shares during the last quarter.

Direxion Daily 20 Year Plus Treasury Bear 3x Shares Stock Performance

NYSEARCA TMV traded down $0.72 on Tuesday, reaching $37.48. The stock had a trading volume of 2,408,360 shares, compared to its average volume of 2,925,615. The firm has a fifty day moving average of $36.55 and a two-hundred day moving average of $36.53. Direxion Daily 20 Year Plus Treasury Bear 3x Shares has a 1-year low of $26.94 and a 1-year high of $53.77.

Direxion Daily 20 Year Plus Treasury Bear 3x Shares Company Profile

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.