NYSEARCA:FAS

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

$61.72

-1.42 (-2.25%)

(As of 09/22/2023 ET)

Compare

Today's Range: $61.60
▼
$63.43
50-Day Range: $61.72
▼
$74.32
52-Week Range: $48.86
▼
$92.29

Volume: 542,789 shs
Average Volume: 1.37 million shs
Market Capitalization: $1.63 billion

Assets Under Management: $1.69 billion
Dividend Yield: 2.28%
Net Expense Ratio: 0.92%

Profile Chart Headlines Holdings Options Chain Ratings

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 Price History

30 days | 90 days | 365 days | Advanced Chart

FAS ETF News Headlines

September 19, 2023 | msn.com

FAS: Nearly Impossible To Trade

September 12, 2023 | americanbankingnews.com

Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS) Stock Cross Above 200-Day Moving Average of $63.02

September 22, 2023 | Chaikin Analytics (Ad)

This Stock Could Go Up 66% or More.

Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023. Click here to get his latest buy. More here.

June 23, 2023 | benzinga.com

Direxion's FAS And FAZ – Is A Bear Or Bull Market Coming For Wall Street?

May 6, 2023 | marketwatch.com

When Direxion Daily Financial Bull ($FAS) Moves Investors should Listen

April 25, 2023 | msn.com

Unusual Call Option Trade in Direxion Daily MSCI Real Estate Bull 3X Shares (DRN) Worth $147.70K

April 16, 2023 | marketwatch.com

Direxion Daily Financial Bull $FAS Investment Analysis

March 24, 2023 | msn.com

Direxion Daily 7-10 Year Treasury Bull 3X Shares declares quarterly distribution of $0.0785

September 22, 2023 | Chaikin Analytics (Ad)

This Stock Could Go Up 66% or More.

Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023. Click here to get his latest buy. More here.

January 13, 2023 | benzinga.com

Direxion Daily S&P Biotech Bull 3X Shares (ARCA:LABU), Quotes and News Summary

See More Headlines

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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: 103

Fund Statistics

Assets Under Management: $1.69 billion
Average Daily Volume: $1.19 million
Discount/Premium: -0.07%
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: 4,063
Put Options: 1,896
Call Options: 2,167
Short Interest: 764,200 shs

Miscellaneous

Outstanding Shares: 26,350,000
Beta: 3.12
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%	0.53%	0.50%	0.50%
Other Expenses	0.17%	1.63%	0.52%	0.64%	0.57%
Total Expense	0.92%	1.21%	0.69%	0.74%	0.69%
Fee Waiver	0.00%	-0.48%	-0.55%	-0.70%	-0.59%
Net Expense	0.92%	1.10%	0.59%	0.57%	0.57%

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

Top 10 FAS Holdings

Financial Select Sector Index SWAP
Holding Weight: 43.50%
FINANCIAL SELECT SECTOR INDEX SWAP
Holding Weight: 32.10%
Financial Select Sector Index SWAP
Holding Weight: 31.97%
FINANCIAL SELECT SECTOR INDEX SWAP
Holding Weight: 27.82%
Financial Select Sector Index SWAP
Holding Weight: 26.47%
FINANCIAL SELECT SECTOR INDEX SWAP
Holding Weight: 23.07%
FINANCIAL SELECT SECTOR INDEX SWAP
Holding Weight: 20.49%
FINANCIAL SELECT SECTOR INDEX SWAP
Holding Weight: 20.40%
DREYFUS GOVT CASH MAN INS
Holding Weight: 18.19%
Berkshire Hathaway(NYSE:BRK.B)
Holding Weight: 9.65%

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 2023?: Direxion Daily Financial Bull 3X Shares' stock was trading at $73.55 at the start of the year. Since then, FAS stock has decreased by 16.1% and is now trading at $61.72.
View the best growth stocks for 2023 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 $1.69 billion assets under management.
What stocks does Direxion Daily Financial Bull 3X Shares hold?: FAS invests in 103 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), Morgan Stanley (MS) and BlackRock (BLK).
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).
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."
Who are Direxion Daily Financial Bull 3X Shares' major shareholders?: Direxion Daily Financial Bull 3X Shares' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Citadel Advisors LLC (0.00%), Wolverine Trading LLC (0.00%), Snowden Capital Advisors LLC (0.33%), Simplex Trading LLC (0.23%), GTS Securities LLC (0.23%) and Credit Suisse AG (0.12%).
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Direxion Daily Financial Bull 3X Shares' stock price today?: One share of FAS stock can currently be purchased for approximately $61.72.
How much money does Direxion Daily Financial Bull 3X Shares make?: Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS) has a market capitalization of $1.63 billion.

This page (NYSEARCA:FAS) was last updated on 9/22/2023 by MarketBeat.com Staff

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