Leverage Shares 2x Long PYPL Daily ETF (PYPG)
Leverage Shares 2x Long PYPL Daily ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in Greenwich, CT, US. The stock last traded at $9.20, up 0.72% on the session, giving a market capitalisation of $22.4M. Its beta of 1.33 implies it has historically moved more than the broad market.
The Leverage Shares 2x Long PYPL Daily ETF, trading under the symbol PYPG, is a specialized 2x daily leveraged "bull" fund. It is specifically designed for active investors aiming to significantly amplify their short-term market gains. The primary objective of this ETF is to replicate two hundred percent (200%) of the daily performance of PYPL stock, before taking into account its inherent management fees and operating expenses.
Leverage Shares 2x Long PYPL Daily ETF is most often compared with the following Financial Services names: