312,547 Shares in Direxion Daily Magnificent 7 Bear 1X Shares $QQQD Bought by One Plus One Wealth Management LLC

One Plus One Wealth Management LLC acquired a new stake in shares of Direxion Daily Magnificent 7 Bear 1X Shares (NYSEARCA:QQQD) during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 312,547 shares of the company’s stock, valued at approximately $4,213,000. Direxion Daily Magnificent 7 Bear 1X Shares comprises about 2.0% of One Plus One Wealth Management LLC’s portfolio, making the stock its 17th biggest holding. One Plus One Wealth Management LLC owned approximately 27.18% of Direxion Daily Magnificent 7 Bear 1X Shares at the end of the most recent quarter.

Direxion Daily Magnificent 7 Bear 1X Shares Stock Performance

Shares of Direxion Daily Magnificent 7 Bear 1X Shares stock opened at $12.77 on Friday. The firm’s 50-day simple moving average is $13.16 and its 200-day simple moving average is $14.23. Direxion Daily Magnificent 7 Bear 1X Shares has a 1 year low of $12.66 and a 1 year high of $23.18.

About Direxion Daily Magnificent 7 Bear 1X Shares

The Direxion Daily Concentrated Qs Bear 1X Shares (QQQD) is an exchange-traded fund that is based on the Indxx Front of the Q index. The fund tracks -1x the daily price movements of an equal-weighted index of the seven largest NASDAQ-listed companies. QQQD was launched on Mar 7, 2024 and is issued by Direxion.