How have FAS shares performed in 2024?

Direxion Daily Financial Bull 3X Shares' stock was trading at $82.65 at the beginning of 2024. Since then, FAS stock has increased by 14.2% and is now trading at $94.42. View the best growth stocks for 2024 here .

What does FAS invest in?

Direxion Daily Financial Bull 3X Shares is a equity fund issued by Direxion. FAS focuses on financials investments and follows the Financials Select Sector Index. The fund's investments total to approximately $2.04 billion assets under management.

What stocks does Direxion Daily Financial Bull 3X Shares hold?

FAS invests in 101 holdings. Some of the stocks in their portfolio include Berkshire Hathaway (BRK.B) , JPMorgan Chase & Co. (JPM) , Visa (V) , Mastercard (MA) , Bank of America (BAC) , Wells Fargo & Company (WFC) , S&P Global (SPGI) , The Goldman Sachs Group (GS) , American Express (AXP) and Progressive (PGR) .

What is the management fee for Direxion Daily Financial Bull 3X Shares?

Direxion Daily Financial Bull 3X Shares' management fee is 0.75% and has other expenses of 0.17%. The net expense ratio for FAS is 0.92%.

What other stocks do shareholders of Direxion Daily Financial Bull 3X Shares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Direxion Daily Financial Bull 3X Shares investors own include Bank of America (BAC) , Boeing (BA) , Netflix (NFLX) , NVIDIA (NVDA) , Tesla (TSLA) , SPDR S&P 500 ETF Trust (SPY) , Alibaba Group (BABA) , ProShares UltraPro QQQ (TQQQ) , Citigroup (C) and Delta Air Lines (DAL) .

Who are Direxion Daily Financial Bull 3X Shares' major shareholders?

Direxion Daily Financial Bull 3X Shares' stock is owned by a number of institutional and retail investors. Top institutional investors include Toth Financial Advisory Corp (0.06%) and Grandview Asset Management LLC (0.01%). View institutional ownership trends .

How do I buy shares of Direxion Daily Financial Bull 3X Shares?

Shares of FAS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSEARCA:FAS

Direxion Daily Financial Bull 3X Shares (FAS) Price, Holdings, & News

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Free FAS Stock Alerts

$94.14

+0.93 (+1.00%)

(As of 04/18/2024 ET)

Compare

Today's Range: $93.50
▼
$96.53
50-Day Range: $88.50
▼
$112.20
52-Week Range: $48.73
▼
$113.08

Volume: 543,910 shs
Average Volume: 779,560 shs
Market Capitalization: $2.06 billion

Assets Under Management: $2.04 billion
Dividend Yield: 1.76%
Net Expense Ratio: 0.92%

Stock Analysis Chart Headlines Holdings Ownership Ratings

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About Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS)

Direxion Daily Financial Bull 3x Shares seeks daily investment results of 300% of the price performance of the Russell 1000 Financial Services Index (the Index). The Index is a subset of the Russell 1000 Index that measures the performance of the securities classified in the financial services sector of the large cap United States equity market. The Fund invests in sectors, such as banks, diversified financial services, real estate investment trust, financial data and systems, asset management and custodian, securities brokerage and services, and consumer lending. The Fund invests 80% of its net assets in futures contracts; indices and futures contracts; equity caps, collars and floors; swap agreements, forward contracts; short positions; reverse repurchase agreements; exchanges traded funds and other financial instruments. The Fund’s adviser is Rafferty Asset Management, LLC.

FAS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FAS ETF News Headlines

April 17, 2024 | americanbankingnews.com

Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS) Shares Gap Up to $96.22

March 22, 2024 | msn.com

Downside Reversal Hit Different For Chip Stocks

April 18, 2024 | Darwin (Ad)

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March 19, 2024 | msn.com

Direxion Daily NVDA Bull 1.5X Shares goes ex dividend tomorrow

March 15, 2024 | msn.com

Downside Reversal Ushered In Our Exit For FAS

February 22, 2024 | benzinga.com

Direxion Financial Bull 3X Shares (ARCA:FAS), Short Interest Report

February 1, 2024 | finance.yahoo.com

Direxion Daily Financial Bull 3X Shares (FAS)

December 21, 2023 | msn.com

Direxion Daily Transportation Bull 3X Shares declares quarterly distribution of $0.1240

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December 21, 2023 | msn.com

Direxion Daily Financial Bull 3X Shares declares quarterly distribution of $0.3829

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Fund Details

Issuer: Direxion
Fund Name: Direxion Daily Financial Bull 3X Shares
Tax Classification: Regulated Investment Company
Stock Exchange: NYSEARCA
Current Symbol: NYSEARCA:FAS
Inception Date: 11/6/2008
Fund Manager: Paul Brigandi, Tony Ng
Web: www.direxionshares.com
Phone: N/A

Fund Focus

Asset Class: Equity
Benchmark: Financials Select Sector Index
Category: Sector
Focus: Financials
Development Level: Developed Markets
Region: North America
Number of Holdings: 101

Fund Statistics

Assets Under Management: $2.04 billion
Average Daily Volume: $754,794.10
Discount/Premium: -0.03%
Leveraged: 3.00

Administrator, Advisor and Custodian

Administrator: U.S. Bancorp Fund Services, LLC
Advisor: Rafferty Asset Management, LLC
Custodian: The Bank of New York Mellon Corporation
Distributor: Foreside Fund Services, LLC
Transfer Agent: The Bank of New York Mellon Corporation
Trustee: N/A
Lead Market Maker: Virtu Financial

Options

Optionable: Optionable
Options Volume: 5,232
Put Options: 1,478
Call Options: 3,754
Short Interest: 569,000 shs

Miscellaneous

Outstanding Shares: 21,850,000
Beta: 3.14
Creation Unit: 50,000
Creation Fee: $625.00

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Direxion Daily Financial Bull 3X Shares Expenses

Type	FAS	Financials ETFs	Equity ETFs	NYSEARCA ETFs	All ETFs
Management Fee	0.75%	0.50%	0.54%	0.50%	0.51%
Other Expenses	0.17%	1.74%	0.54%	0.64%	0.58%
Total Expense	0.92%	1.26%	0.70%	0.74%	0.70%
Fee Waiver	0.00%	-0.48%	-0.55%	-0.68%	-0.57%
Net Expense	0.92%	1.16%	0.60%	0.58%	0.58%

Direxion Daily Financial Bull 3X Shares (FAS) Holdings & Exposure

Top 10 FAS Holdings

Financial Select Sector Index SWAP
Holding Weight: 51.97%
FINANCIAL SELECT SECTOR INDEX SWAP
Holding Weight: 35.61%
FINANCIAL SELECT SECTOR INDEX SWAP
Holding Weight: 30.52%
FINANCIAL SELECT SECTOR INDEX SWAP
Holding Weight: 23.61%
Financial Select Sector Index SWAP
Holding Weight: 21.27%
Financial Select Sector Index SWAP
Holding Weight: 21.17%
FINANCIAL SELECT SECTOR INDEX SWAP
Holding Weight: 20.82%
FINANCIAL SELECT SECTOR INDEX SWAP
Holding Weight: 15.88%
DREYFUS GOVT CASH MAN INS
Holding Weight: 11.95%
Berkshire Hathaway(NYSE:BRK.B)
Holding Weight: 10.50%

FAS Sector Exposure

FAS Industry Exposure

Full Holdings Details

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Institutional Ownership

View All Institutional Transactions

FAS ETF - Frequently Asked Questions

How have FAS shares performed in 2024?: Direxion Daily Financial Bull 3X Shares' stock was trading at $82.65 at the beginning of 2024. Since then, FAS stock has increased by 14.2% and is now trading at $94.42.
View the best growth stocks for 2024 here.
What does FAS invest in?: Direxion Daily Financial Bull 3X Shares is a equity fund issued by Direxion. FAS focuses on financials investments and follows the Financials Select Sector Index. The fund's investments total to approximately $2.04 billion assets under management.
What stocks does Direxion Daily Financial Bull 3X Shares hold?: FAS invests in 101 holdings. Some of the stocks in their portfolio include Berkshire Hathaway (BRK.B), JPMorgan Chase & Co. (JPM), Visa (V), Mastercard (MA), Bank of America (BAC), Wells Fargo & Company (WFC), S&P Global (SPGI), The Goldman Sachs Group (GS), American Express (AXP) and Progressive (PGR).
What is the management fee for Direxion Daily Financial Bull 3X Shares?: Direxion Daily Financial Bull 3X Shares' management fee is 0.75% and has other expenses of 0.17%. The net expense ratio for FAS is 0.92%.

What other stocks do shareholders of Direxion Daily Financial Bull 3X Shares own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Direxion Daily Financial Bull 3X Shares investors own include Bank of America (BAC), Boeing (BA), Netflix (NFLX), NVIDIA (NVDA), Tesla (TSLA), SPDR S&P 500 ETF Trust (SPY), Alibaba Group (BABA), ProShares UltraPro QQQ (TQQQ), Citigroup (C) and Delta Air Lines (DAL).
Who are Direxion Daily Financial Bull 3X Shares' major shareholders?: Direxion Daily Financial Bull 3X Shares' stock is owned by a number of institutional and retail investors. Top institutional investors include Toth Financial Advisory Corp (0.06%) and Grandview Asset Management LLC (0.01%).
View institutional ownership trends.
How do I buy shares of Direxion Daily Financial Bull 3X Shares?: Shares of FAS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:FAS) was last updated on 4/18/2024 by MarketBeat.com Staff

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