Direxion Daily S&P Biotech Bull 3X Shares (LABU)
Direxion Daily S&P Biotech Bull 3X Shares operates in the Asset Management industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $286.75, up 2.17% on the session, giving a market capitalisation of $1.53B. Its beta of 3.05 implies it has historically moved more than the broad market.
Direxion Shares ETF Trust - Direxion Daily S&P Biotech Bull 3X ETF is an exchange traded fund launched by Direxion Investments. It is managed by Rafferty Asset Management, LLC. It invests in public equity markets of the United States. It invests directly, through derivatives and through other funds in stocks of companies operating across health care, pharmaceuticals, biotechnology and life sciences sectors. It uses derivatives such as futures, swaps to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track 3x the daily performance of the S&P Biotechnology Select Industry Index. Direxion Shares ETF Trust - Direxion Daily S&P Biotech Bull 3X ETF was formed on May 28, 2015 and is domiciled in the United States.
Direxion Daily S&P Biotech Bull 3X Shares is most often compared with the following Financial Services names: