Virtu Financial LLC increased its holdings in shares of Direxion Daily Energy Bear 2X Shares (NYSEARCA:ERY – Free Report) by 181.7% during the third quarter, HoldingsChannel.com reports. The fund owned 43,816 shares of the exchange traded fund’s stock after buying an additional 28,261 shares during the period. Virtu Financial LLC’s holdings in Direxion Daily Energy Bear 2X Shares were worth $1,066,000 at the end of the most recent reporting period.
Separately, Renaissance Technologies LLC purchased a new stake in Direxion Daily Energy Bear 2X Shares in the 2nd quarter valued at $202,000.
Direxion Daily Energy Bear 2X Shares Trading Up 1.4 %
NYSEARCA ERY opened at $23.72 on Friday. Direxion Daily Energy Bear 2X Shares has a 52 week low of $19.64 and a 52 week high of $31.44. The business’s fifty day simple moving average is $22.13 and its 200-day simple moving average is $23.27.
About Direxion Daily Energy Bear 2X Shares
The Direxion Daily Energy Bear 2X Shares (ERY) is an exchange-traded fund that is based on the Energy Select Sector index. The fund provides 2x inverse exposure to a market-cap-weighted index of US large-cap companies in the energy industry. ERY was launched on Nov 6, 2008 and is managed by Direxion.
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Want to see what other hedge funds are holding ERY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily Energy Bear 2X Shares (NYSEARCA:ERY – Free Report).
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