Jane Street Group LLC Raises Position in Direxion Daily S&P 500 High Beta Bear 3X Shares (NYSEARCA:HIBS)

Jane Street Group LLC lifted its stake in shares of Direxion Daily S&P 500 High Beta Bear 3X Shares (NYSEARCA:HIBS) by 32.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,335 shares of the company’s stock after purchasing an additional 4,764 shares during the period. Jane Street Group LLC’s holdings in Direxion Daily S&P 500 High Beta Bear 3X Shares were worth $370,000 at the end of the most recent quarter.

Direxion Daily S&P 500 High Beta Bear 3X Shares Stock Performance

Shares of HIBS stock opened at $18.02 on Thursday. The company has a 50 day moving average of $17.72 and a 200-day moving average of $20.75. Direxion Daily S&P 500 High Beta Bear 3X Shares has a 12-month low of $15.27 and a 12-month high of $32.39.

Direxion Daily S&P 500 High Beta Bear 3X Shares Profile

The Direxion Daily S&P 500 High Beta Bear 3X Shares (HIBS) is an exchange-traded fund that is based on the S&P 500 High Beta index. The fund provides 3x daily inverse exposure to a beta-weighted index of 100 highest-beta stocks in the S&P 500. HIBS was launched on Nov 7, 2019 and is managed by Direxion.