Direxion Hydrogen ETF Stock Sees Price Decrease Despite Institutional Investor Increase in Holdings

Shares of Direxion Hydrogen ETF (NYSEARCA:HJEN) fell 0.9% during mid-day trading on Thursday. The company traded as low as $15.76 and last traded at $15.78, with 12,254 shares changing hands in the trading session, a decrease from the average daily volume of 16,599 shares. Jane Street Group LLC recently increased their position in Direxion Hydrogen ETF stock by 712.8%, according to their most recent Form 13F filing with the Securities & Exchange Commission. In summary, Direxion Hydrogen ETF’s stock has seen a decrease in price today, while an institutional investor has increased its holdings in the company’s stock.

Investing in the Direxion Hydrogen ETF

The Direxion Hydrogen ETF (Ticker: HYDR) is an exchange-traded fund that provides investors with exposure to companies involved in the production and distribution of hydrogen fuel. The fund tracks the Solactive Global Hydrogen Index, which includes stocks from around the world that are engaged in the production of hydrogen fuel, fuel cell technology, and other related activities. Investing in HYDR allows investors to gain access to a variety of companies within the hydrogen industry. It also offers diversification benefits as it invests across multiple sectors and countries.
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