TB Alternative Assets Ltd. Acquires Shares of 208,126 Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANG)

TB Alternative Assets Ltd. purchased a new stake in Direxion Daily FTSE China Bear 3X Shares (NYSEARCA:YANG) in the third quarter, HoldingsChannel reports. The firm purchased 208,126 shares of the company’s stock, valued at approximately $866,000.

Several other institutional investors have also made changes to their positions in YANG. Jane Street Group LLC grew its position in Direxion Daily FTSE China Bear 3X Shares by 61.8% during the first quarter. Jane Street Group LLC now owns 1,720,948 shares of the company’s stock worth $19,997,000 after buying an additional 657,492 shares in the last quarter. Virtu Financial LLC grew its position in Direxion Daily FTSE China Bear 3X Shares by 305.5% during the first quarter. Virtu Financial LLC now owns 284,165 shares of the company’s stock worth $3,302,000 after buying an additional 214,086 shares in the last quarter. Squarepoint Ops LLC grew its position in Direxion Daily FTSE China Bear 3X Shares by 64.4% during the second quarter. Squarepoint Ops LLC now owns 192,614 shares of the company’s stock worth $1,682,000 after buying an additional 75,476 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in Direxion Daily FTSE China Bear 3X Shares during the first quarter worth approximately $431,000. Finally, Headlands Technologies LLC acquired a new stake in Direxion Daily FTSE China Bear 3X Shares during the second quarter worth approximately $171,000.

Direxion Daily FTSE China Bear 3X Shares Price Performance

Shares of NYSEARCA:YANG opened at $3.46 on Monday. The business’s 50 day simple moving average is $6.66 and its 200 day simple moving average is $8.03. Direxion Daily FTSE China Bear 3X Shares has a 1 year low of $2.39 and a 1 year high of $19.16.

Direxion Daily FTSE China Bear 3X Shares 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.