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.
$69.07 -0.27 (-0.39 %)
(As of 04/21/2019 06:32 AM ET)
Previous Close$69.07
Today's Range$68.66 - $69.64
52-Week Range$36.73 - $78.35
Volume991,801 shs
Average Volume1.53 million shs
Market Capitalization$1.53 billion
P/E RatioN/A
Dividend Yield0.96%
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$2.13 billion
Average Daily Volume$1.56 million
Discount/Premium-0.38%

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. Investors of record on Wednesday, March 20th will be given a dividend of $0.1556 per share on Tuesday, March 26th. This represents a $0.62 dividend on an annualized basis and a yield of 0.90%. 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 stories about FAS stock have been trending positive on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Direxion Daily Financial Bull 3X Shares earned a news impact score of 2.8 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the near future.

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

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

Direxion Daily Financial Bull 3X Shares' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Bouchey Financial Group Ltd (0.57%), RPG Investment Advisory LLC (0.51%), Harvest Investment Services LLC (0.33%), Virtu Financial LLC (0.03%), XR Securities LLC (0.02%) and Simplex Trading LLC (0.02%). View Institutional Ownership Trends for Direxion Daily Financial Bull 3X Shares.

Which major 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 Simplex Trading LLC, RPG Investment Advisory LLC and Bouchey Financial Group Ltd. View Insider Buying and Selling for Direxion Daily Financial Bull 3X Shares.

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

FAS stock was acquired by a variety of institutional investors in the last quarter, including Harvest Investment Services LLC, XR Securities LLC and Virtu Financial LLC. 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 $69.07.

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

Direxion Daily Financial Bull 3X Shares has a market capitalization of $1.53 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:  87 (Vote Outperform)
Underperform Votes:  91 (Vote Underperform)
Total Votes:  178
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 4/21/2019 by MarketBeat.com Staff

Featured Article: How mutual funds make money

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