Log in

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

$77.86
+0.14 (+0.18 %)
(As of 10/20/2019 05:19 AM ET)
Add
Today's Range
$77.02
Now: $77.86
$78.49
50-Day Range
$69.92
MA: $75.96
$80.18
52-Week Range
$36.73
Now: $77.86
$82.50
Volume498,640 shs
Average Volume1.06 million shs
Market Capitalization$1.35 billion
P/E RatioN/A
Dividend Yield0.82%
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.

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 Index
CategorySector
FocusFinancials
Development LevelDeveloped Markets
RegionNorth America

Fund Statistics

Assets Under Management$1.34 billion
Average Daily Volume$679,513.70
Discount/Premium0.00%

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

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.


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 -- dividend on Tuesday, September 24th. Shareholders of record on Wednesday, September 25th will be paid a dividend of $0.1513 per share on Tuesday, October 1st. This represents a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, September 24th. View Direxion Daily Financial Bull 3X Shares' Dividend History.

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

News headlines about FAS stock have been trending somewhat positive on Sunday, InfoTrie reports. InfoTrie identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Direxion Daily Financial Bull 3X Shares earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Direxion Daily Financial Bull 3X Shares.

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), SPDR S&P 500 ETF Trust (SPY), Invesco QQQ Trust (QQQ), Citigroup (C), Tesla (TSLA), NVIDIA (NVDA), ProShares UltraPro QQQ (TQQQ) and Alibaba Group (BABA).

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 shareholders include Bouchey Financial Group Ltd (0.39%), Coastal Investment Advisors Inc. (0.12%), Envestnet Asset Management Inc. (0.09%), Blue Chip Wealth Management Inc. (0.08%), TRUE Private Wealth Advisors (0.05%) and XR Securities LLC (0.02%). 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 Bouchey Financial Group Ltd, Blue Chip Wealth Management Inc., Coastal Investment Advisors Inc., Envestnet Asset Management Inc. and TRUE Private Wealth Advisors. 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 purchased by a variety of institutional investors in the last quarter, including XR Securities 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, Robinhood, 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 $77.86.

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

Direxion Daily Financial Bull 3X Shares has a market capitalization of $1.35 billion. View Additional Information About Direxion Daily Financial Bull 3X Shares.

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:  2.5 out of 5 (star star half star)
Outperform Votes:  98 (Vote Outperform)
Underperform Votes:  100 (Vote Underperform)
Total Votes:  198
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 10/20/2019 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