NYSEARCA:FAS - Direxion Daily Financial Bull 3X Shares Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$59.10 -4.13 (-6.53 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$59.10
Today's Range$58.6683 - $62.42
52-Week Range$36.73 - $78.35
Volume3.01 million shs
Average Volume1.55 million shs
Market Capitalization$1.37 billion
P/E RatioN/A
Dividend Yield1.07%
BetaN/A
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.

Receive FAS News and Ratings via Email

Sign-up to receive the latest news and ratings for FAS and its competitors with MarketBeat's FREE daily newsletter.

Basic Details

Issuer Direxion
Fund NameDirexion Daily Financial Bull 3X Shares
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:FAS
Inception Date11/6/2008
Fund ManagerPaul Brigandi, Tony Ng
PhoneN/A

Fund Focus

Asset ClassEquity
BenchmarkRussell 1000/Financial Services TR USD
CategorySector
FocusFinancials
Development LevelDeveloped Markets
RegionNorth America

Fund Statistics

Assets Under Management$1.82 billion
Average Daily Volume$1.31 million
Discount/Premium-5.12%

ETF Expenses

Management Fee0.75%
Other Expenses0.26%
Total Expenses1.01%
Fee Waiver0.01%
Net Expenses1.02%

Administrator, Advisor and Custodian

AdministratorU.S. Bancorp Fund Services, LLC
AdvisorRafferty Asset Management, LLC
CustodianThe Bank of New York Mellon Corporation
DistributorForeside Fund Services, LLC
Transfer AgentThe Bank of New York Mellon Corporation
Trustee
Lead Market MakerVirtu Financial

Geographic Exposure of Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS)
Currency Exposure of Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS)
Sector Exposure of Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS)
Industry Exposure of Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS)

Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS) Frequently Asked Questions

What is Direxion Daily Financial Bull 3X Shares' stock symbol?

Direxion Daily Financial Bull 3X Shares trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "FAS."

How often does Direxion Daily Financial Bull 3X Shares pay dividends? What is the dividend yield for Direxion Daily Financial Bull 3X Shares?

Direxion Daily Financial Bull 3X Shares announced a quarterly dividend on Tuesday, March 19th. Stockholders of record on Wednesday, March 20th will be paid a dividend of $0.1556 per share on Tuesday, March 26th. This represents a $0.62 annualized dividend and a dividend yield of 1.05%. The ex-dividend date of this dividend is Tuesday, March 19th. View Direxion Daily Financial Bull 3X Shares' Dividend History.

Has Direxion Daily Financial Bull 3X Shares been receiving favorable news coverage?

Media coverage about FAS stock has been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Direxion Daily Financial Bull 3X Shares earned a daily sentiment score of 0.5 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 2.0 out of 10, meaning that recent press coverage is very unlikely to have an impact on the company's share price in the next few days.

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), Citigroup (C), Invesco QQQ Trust (QQQ), Netflix (NFLX), SPDR S&P 500 ETF Trust (SPY), SPDR Gold Shares (GLD), NVIDIA (NVDA), Tesla (TSLA) and Visa (V).

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

Direxion Daily Financial Bull 3X Shares' stock is owned by many different of retail and institutional investors. Top institutional investors include Exencial Wealth Advisors LLC (0.65%), Bouchey Financial Group Ltd (0.49%), RPG Investment Advisory LLC (0.44%), Hellman Jordan Management Co. Inc. MA (0.39%), Simplex Trading LLC (0.24%) and Cibc Bank USA (0.14%). View Institutional Ownership Trends for Direxion Daily Financial Bull 3X Shares.

Which institutional investors are selling Direxion Daily Financial Bull 3X Shares stock?

FAS stock was sold by a variety of institutional investors in the last quarter, including Exencial Wealth Advisors LLC, Mainstay Capital Management LLC ADV, TRUE Private Wealth Advisors, Bouchey Financial Group Ltd, RPG Investment Advisory LLC and Resources Investment Advisors Inc.. View Insider Buying and Selling for Direxion Daily Financial Bull 3X Shares.

Which institutional investors are buying Direxion Daily Financial Bull 3X Shares stock?

FAS stock was bought by a variety of institutional investors in the last quarter, including Hellman Jordan Management Co. Inc. MA, Simplex Trading LLC, Commerzbank Aktiengesellschaft FI, Virtu Financial LLC, Bruderman Asset Management LLC, FNY Investment Advisers LLC, Brasada Capital Management LP and Cibc Bank USA. View Insider Buying and Selling for Direxion Daily Financial Bull 3X Shares.

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

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

What is Direxion Daily Financial Bull 3X Shares' stock price today?

One share of FAS stock can currently be purchased for approximately $59.10.

How big of a company is Direxion Daily Financial Bull 3X Shares?

Direxion Daily Financial Bull 3X Shares has a market capitalization of $1.37 billion.

What is Direxion Daily Financial Bull 3X Shares' official website?

The official website for Direxion Daily Financial Bull 3X Shares is http://www.direxionshares.com/.


MarketBeat Community Rating for Direxion Daily Financial Bull 3X Shares (NYSEARCA FAS)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  85 (Vote Outperform)
Underperform Votes:  90 (Vote Underperform)
Total Votes:  175
MarketBeat's community ratings are surveys of what our community members think about Direxion Daily Financial Bull 3X Shares and other stocks. Vote "Outperform" if you believe FAS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FAS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/23/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel