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NYSEARCA:ERX

Direxion Daily Energy Bull 2x Shares (ERX) Price, Holdings, & News

$65.34
+0.14 (+0.21%)
(As of 05/24/2024 08:49 PM ET)
Today's Range
$65.00
$66.59
50-Day Range
$65.22
$76.21
52-Week Range
$48.39
$77.52
Volume
341,600 shs
Average Volume
570,974 shs
Market Capitalization
$356.76 million
Assets Under Management
$337.53 million
Dividend Yield
2.28%
Net Expense Ratio
0.95%
ERX stock logo

About Direxion Daily Energy Bull 2x Shares (NYSEARCA:ERX)

The Direxion Daily Energy Bull 2X Shares (ERX) is an exchange-traded fund that is based on the Energy Select Sector index. The fund provides 2x leveraged exposure to a market-cap-weighted index of US large-cap companies in the energy industry. ERX was launched on Nov 6, 2008 and is managed by Direxion.

ERX Stock Price History

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Fund Details

Issuer
Direxion
Fund Name
Direxion Daily Energy Bull 2x Shares
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:ERX
Inception Date
11/6/2008
Fund Manager
Paul Brigandi, Tony Ng
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
Energy Select Sector Index
Category
Sector
Focus
Energy
Development Level
Developed Markets
Region
North America
Number of Holdings
34

Fund Statistics

Assets Under Management
$337.53 million
Average Daily Volume
$487,066.40
Discount/Premium
-0.03%
Leveraged
2.00

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
813
Put Options
231
Call Options
582
Short Interest
95,200 shs

Miscellaneous

Beta
0.96
Creation Unit
50,000
Creation Fee
$250.00
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Direxion Daily Energy Bull 2x Shares Expenses

TypeERXEnergy ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.61%0.54%0.50%0.51%
Other Expenses0.20%0.25%0.54%0.64%0.58%
Total Expense0.95%0.70%0.70%0.74%0.70%
Fee Waiver0.00%-0.20%-0.55%-0.68%-0.56%
Net Expense0.95%0.71%0.60%0.58%0.58%

Direxion Daily Energy Bull 2x Shares (ERX) Holdings & Exposure

Top 10 ERX Holdings

ERX Sector Exposure

ERX Industry Exposure


ERX ETF - Frequently Asked Questions

How have ERX shares performed in 2024?

Direxion Daily Energy Bull 2x Shares' stock was trading at $56.57 at the beginning of the year. Since then, ERX shares have increased by 15.5% and is now trading at $65.34.
View the best growth stocks for 2024 here
.

What does ERX invest in?

Direxion Daily Energy Bull 2x Shares is a equity fund issued by Direxion. ERX focuses on energy investments and follows the Energy Select Sector Index. The fund's investments total to approximately $337.53 million assets under management.

What stocks does Direxion Daily Energy Bull 2x Shares hold?
What is the management fee for Direxion Daily Energy Bull 2x Shares?

Direxion Daily Energy Bull 2x Shares' management fee is 0.75% and has other expenses of 0.20%. The net expense ratio for ERX is 0.95%.

When did Direxion Daily Energy Bull 2x Shares' stock split?

Direxion Daily Energy Bull 2x Shares's stock reverse split on the morning of Tuesday, March 24th 2020. The 1-10 reverse split was announced on Tuesday, March 10th 2020. The number of shares owned by shareholders was adjusted after the market closes on Monday, March 23rd 2020. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What other stocks do shareholders of Direxion Daily Energy Bull 2x Shares own?
Who are Direxion Daily Energy Bull 2x Shares' major shareholders?

Direxion Daily Energy Bull 2x Shares' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Jane Street Group LLC (4.84%), Simplex Trading LLC (0.53%), Traynor Capital Management Inc. (0.37%), Quadrature Capital Ltd (0.31%), TRUE Private Wealth Advisors (0.26%) and Toth Financial Advisory Corp (0.21%).
View institutional ownership trends
.

How do I buy shares of Direxion Daily Energy Bull 2x Shares?

Shares of ERX 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:ERX) was last updated on 5/27/2024 by MarketBeat.com Staff

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