NYSEARCA:ERY

Direxion Daily Energy Bear 2X Shares (ERY) Price, Holdings, & News

$35.54

+1.20 (+3.49%)

(As of 05/31/2023 ET)

Compare

Today's Range: $34.99
▼
$35.80
50-Day Range: $27.52
▼
$35.54
52-Week Range: $25.59
▼
$61.45

Volume: 225,404 shs
Average Volume: 505,363 shs
Market Capitalization: $48.69 million

Assets Under Management: $28.00 million
Dividend Yield: 0.25%
Net Expense Ratio: 0.99%

Profile Chart Headlines Holdings Options Chain

About Direxion Daily Energy Bear 2X Shares

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

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ERY ETF News Headlines

March 28, 2023 | benzinga.com

Direxion Daily Energy Bear 2X Shares (ARCA:ERY), Quotes and News Summary

March 24, 2023 | msn.com

Direxion Daily Energy Bear 2X Shares declares quarterly distribution of $0.3611

June 1, 2023 | Vantage Point (Ad)

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January 21, 2023 | finance.yahoo.com

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December 21, 2022 | msn.com

Direxion Daily Aerospace & Defense Bull 3X Shares declares distribution of $0.0509

November 4, 2022 | seekingalpha.com

ERX: A Buy After Assessing Likelihood Of Windfall Taxes On Oil Profits

September 30, 2022 | msn.com

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June 22, 2022 | benzinga.com

As Exxon, Chevron Continue To Plunge, Here's A Look At The Direxion Energy Bull 2X Shares ETF Chart

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30 days | 90 days | 365 days | Advanced Chart

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Fund Details

Issuer: Direxion
Fund Name: Direxion Daily Energy Bear 2X Shares
Tax Classification: Regulated Investment Company
Stock Exchange: NYSEARCA
Current Symbol: NYSEARCA:ERY
Inception Date: 11/6/2008
Fund Manager: Paul Brigandi, Tony Ng
Previous Symbol: NYSE:ERY
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: 17

Fund Statistics

Assets Under Management: $28.00 million
Average Daily Volume: $622,981.60
Discount/Premium: -0.01%
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: 74
Put Options: 17
Call Options: 57
Short Interest: 83,900 shs

Miscellaneous

Outstanding Shares: 1,370,000
Beta: -2.80
Creation Unit: 50,000
Creation Fee: $250.00

Direxion Daily Energy Bear 2X Shares Expenses

Type	ERY	Energy ETFs	Equity ETFs	NYSEARCA ETFs	All ETFs
Management Fee	0.75%	0.58%	0.52%	0.50%	0.49%
Other Expenses	0.28%	0.24%	0.48%	0.64%	0.51%
Total Expense	1.03%	0.68%	0.67%	0.74%	0.66%
Fee Waiver	-0.04%	-0.18%	-0.49%	-0.69%	-0.52%
Net Expense	0.99%	0.69%	0.58%	0.57%	0.55%

Direxion Daily Energy Bear 2X Shares (ERY) Holdings

Top 10 ERY Holdings

DREYFUS GOVT CASH MGMT
Holding Weight: 67.54%
DREYFUS GOVT CASH MGMT
Holding Weight: 19.47%
GOLDMAN FINL SQ TRSRY INST 506
Holding Weight: 10.82%
DREYFUS GOVT CASH MGMT
Holding Weight: 9.31%
DREYFUS GOVT CASH MGMT
Holding Weight: 9.31%
GOLDMAN FS GOVT INST
Holding Weight: 6.57%
GOLDMAN FS GOVT INST
Holding Weight: 6.57%
DREYFUS GOVT CASH MGMT
Holding Weight: 0.73%
DREYFUS GOVT CASH MGMT
Holding Weight: 0.73%
GOLDMAN FINL SQ TRSRY INST 506
Holding Weight: 0.00%

Full Holdings Details

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Institutional Ownership

View All Institutional Transactions

ERY ETF - Frequently Asked Questions

How have ERY shares performed in 2023?: Direxion Daily Energy Bear 2X Shares' stock was trading at $29.13 at the beginning of 2023. Since then, ERY shares have increased by 22.0% and is now trading at $35.54.
View the best growth stocks for 2023 here.
What does ERY invest in?: Direxion Daily Energy Bear 2X Shares is a equity fund issued by Direxion. ERY focuses on energy investments and follows the Energy Select Sector Index. The fund's investments total to approximately $28.00 million assets under management.
What is the management fee for Direxion Daily Energy Bear 2X Shares?: Direxion Daily Energy Bear 2X Shares' management fee is 0.75% and has other expenses of 0.28%. However, ERY has a fee waiver of -0.04% to reimburse the expenses. The net expense ratio for ERY is 0.99%.
When did Direxion Daily Energy Bear 2X Shares' stock split?: Direxion Daily Energy Bear 2X Shares shares reverse split before market open on Tuesday, May 31st 2022. The 1-10 reverse split was announced on Tuesday, May 31st 2022. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, May 31st 2022. 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 Bear 2X Shares own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Direxion Daily Energy Bear 2X Shares investors own include Direxion Daily Gold Miners Index Bull 2x Shares (NUGT), Netflix (NFLX), Verizon Communications (VZ), NVIDIA (NVDA), Chevron (CVX), Adobe (ADBE), Bristol-Myers Squibb (BMY), Electronic Arts (EA) and Intel (INTC).
What is Direxion Daily Energy Bear 2X Shares' stock symbol?: Direxion Daily Energy Bear 2X Shares trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "ERY."
Who are Direxion Daily Energy Bear 2X Shares' major shareholders?: Direxion Daily Energy Bear 2X Shares' stock is owned by a number of institutional and retail investors. Top institutional investors include Susquehanna International Group LLP (0.00%), Virtu Financial LLC (1.05%), Squarepoint Ops LLC (0.63%), UBS Group AG (0.51%), Tower Research Capital LLC TRC (0.31%) and Cutler Group LLC CA (0.00%).
How do I buy shares of Direxion Daily Energy Bear 2X Shares?: Shares of ERY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Direxion Daily Energy Bear 2X Shares' stock price today?: One share of ERY stock can currently be purchased for approximately $35.54.
How much money does Direxion Daily Energy Bear 2X Shares make?: Direxion Daily Energy Bear 2X Shares (NYSEARCA:ERY) has a market capitalization of $48.69 million.

This page (NYSEARCA:ERY) was last updated on 6/1/2023 by MarketBeat.com Staff

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