Virtu Financial LLC Makes New Investment in Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD)

Virtu Financial LLC purchased a new stake in Direxion Daily MSFT Bear 1X Shares (NASDAQ:MSFD) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 55,610 shares of the company’s stock, valued at approximately $763,000. Virtu Financial LLC owned about 0.17% of Direxion Daily MSFT Bear 1X Shares as of its most recent filing with the Securities and Exchange Commission.

Separately, Jane Street Group LLC bought a new position in Direxion Daily MSFT Bear 1X Shares in the third quarter valued at about $179,000.

Direxion Daily MSFT Bear 1X Shares Price Performance

Shares of MSFD stock opened at $14.66 on Tuesday. The business’s 50-day moving average price is $14.15 and its 200-day moving average price is $13.85. Direxion Daily MSFT Bear 1X Shares has a 12 month low of $12.43 and a 12 month high of $15.25.

Direxion Daily MSFT Bear 1X Shares Company Profile

The Direxion Daily MSFT Bear 1X Shares ETF (MSFD) is an exchange-traded fund that is based on the Microsoft Corporation index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Microsoft stock. MSFD was launched on Sep 7, 2022 and is managed by Direxion.