Virtu Financial LLC Buys Shares of 29,581 Direxion Daily S&P 500 High Beta Bear 3X Shares (NYSEARCA:HIBS)

Posted by Eileen French on Mar 26th, 2025

Virtu Financial LLC purchased a new position in shares of Direxion Daily S&P 500 High Beta Bear 3X Shares (NYSEARCA:HIBS – Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 29,581 shares of the company’s stock, valued at approximately $563,000. Virtu Financial LLC owned approximately 2.07% of Direxion Daily S&P 500 High Beta Bear 3X Shares at the end of the most recent reporting period.

Separately, Jane Street Group LLC raised its stake in shares of Direxion Daily S&P 500 High Beta Bear 3X Shares by 32.7% during the 3rd quarter. Jane Street Group LLC now owns 19,335 shares of the company’s stock worth $370,000 after buying an additional 4,764 shares during the last quarter.

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

Shares of NYSEARCA HIBS opened at $20.45 on Wednesday. The company’s 50-day moving average price is $19.01 and its 200 day moving average price is $18.81. Direxion Daily S&P 500 High Beta Bear 3X Shares has a 52 week low of $14.71 and a 52 week high of $32.18.

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

The firm also recently disclosed a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th will be paid a dividend of $0.2298 per share. The ex-dividend date is Tuesday, March 25th.

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

(Free Report)

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.