Direxion MSCI Cyclicals Over Defensives ETF (NYSEARCA:RWCD) Stock Price Down 1%

Direxion MSCI Cyclicals Over Defensives ETF (NYSEARCA:RWCD)’s stock price was down 1% during trading on Monday . The stock traded as low as $59.17 and last traded at $59.10, approximately 150 shares changed hands during mid-day trading. A decline of 98% from the average daily volume of 7,596 shares. The stock had previously closed at $59.71.

The stock’s fifty day simple moving average is $60.88.

An institutional investor recently bought a new position in Direxion MSCI Cyclicals Over Defensives ETF stock. BNP Paribas Arbitrage SA acquired a new stake in shares of Direxion MSCI Cyclicals Over Defensives ETF (NYSEARCA:RWCD) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 50,000 shares of the company’s stock, valued at approximately $2,980,000. BNP Paribas Arbitrage SA owned approximately 15.38% of Direxion MSCI Cyclicals Over Defensives ETF as of its most recent filing with the SEC.

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