Financial Management Professionals Inc. Invests $539,000 in Direxion Daily S&P 500 Bear 1x Shares (SPDN)

Financial Management Professionals Inc. acquired a new position in shares of Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDN) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 16,926 shares of the company’s stock, valued at approximately $539,000. Direxion Daily S&P 500 Bear 1x Shares comprises about 0.3% of Financial Management Professionals Inc.’s portfolio, making the stock its 22nd largest holding. Financial Management Professionals Inc. owned approximately 3.76% of Direxion Daily S&P 500 Bear 1x Shares as of its most recent SEC filing.

Separately, Jane Street Group LLC boosted its stake in Direxion Daily S&P 500 Bear 1x Shares by 49.8% during the second quarter. Jane Street Group LLC now owns 41,930 shares of the company’s stock worth $1,239,000 after acquiring an additional 13,944 shares in the last quarter.

Shares of NYSEARCA SPDN opened at $29.02 on Thursday. Direxion Daily S&P 500 Bear 1x Shares has a 52-week low of $27.50 and a 52-week high of $34.21.

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Institutional Ownership by Quarter for Direxion Daily S&P 500 Bear 1x Shares (NYSEARCA:SPDN)

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