NYSEARCA:LABU - Direxion Daily S&P Biotech Bull 3x Shares Stock Price, News, & Analysis

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$47.84 -0.56 (-1.16 %)
(As of 04/19/2019 01:12 PM ET)
Previous Close$48.40
Today's Range$44.23 - $49.70
52-Week Range$24.00 - $116.12
Volume5.66 million shs
Average Volume3.28 million shs
Market Capitalization$567.48 million
P/E RatioN/A
Dividend Yield0.67%
BetaN/A

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Basic Details

Issuer Direxion
Fund NameDirexion Daily S&P Biotech Bull 3x Shares
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:LABU
Inception Date5/28/2015
Fund ManagerPaul Brigandi, Tony Ng
WebN/A
PhoneN/A

Fund Focus

Asset ClassEquity
BenchmarkS&P Biotechnology Select Industry Index
CategorySector
FocusHealth Care
Development LevelDeveloped Markets
RegionNorth America

Fund Statistics

Assets Under Management$285.20 million
Average Daily Volume$3.25 million
Discount/Premium-14.71%

ETF Expenses

Management Fee0.75%
Other Expenses0.33%
Total Expenses1.08%
Fee Waiver0.00%
Net Expenses1.08%

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 S&P Biotech Bull 3x Shares (NYSEARCA:LABU)
Currency Exposure of Direxion Daily S&P Biotech Bull 3x Shares (NYSEARCA:LABU)
Sector Exposure of Direxion Daily S&P Biotech Bull 3x Shares (NYSEARCA:LABU)
Industry Exposure of Direxion Daily S&P Biotech Bull 3x Shares (NYSEARCA:LABU)

Direxion Daily S&P Biotech Bull 3x Shares (NYSEARCA:LABU) Frequently Asked Questions

What is Direxion Daily S&P Biotech Bull 3x Shares' stock symbol?

Direxion Daily S&P Biotech Bull 3x Shares trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "LABU."

How often does Direxion Daily S&P Biotech Bull 3x Shares pay dividends? What is the dividend yield for Direxion Daily S&P Biotech Bull 3x Shares?

Direxion Daily S&P Biotech Bull 3x Shares declared a quarterly dividend on Tuesday, March 19th. Stockholders of record on Wednesday, March 20th will be paid a dividend of $0.1097 per share on Tuesday, March 26th. This represents a $0.44 annualized dividend and a dividend yield of 0.92%. The ex-dividend date is Tuesday, March 19th. This is a positive change from Direxion Daily S&P Biotech Bull 3x Shares's previous quarterly dividend of $0.10. View Direxion Daily S&P Biotech Bull 3x Shares' Dividend History.

Has Direxion Daily S&P Biotech Bull 3x Shares been receiving favorable news coverage?

News headlines about LABU stock have trended very positive on Friday, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by reviewing more than six thousand blog and news 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 S&P Biotech Bull 3x Shares earned a news impact score of 3.6 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the company's share price in the next several days.

What other stocks do shareholders of Direxion Daily S&P Biotech Bull 3x Shares own?

Who are Direxion Daily S&P Biotech Bull 3x Shares' major shareholders?

Direxion Daily S&P Biotech Bull 3x Shares' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Harvest Investment Services LLC (0.69%), Simplex Trading LLC (0.11%) and Traynor Capital Management Inc. (0.12%).

Which major investors are buying Direxion Daily S&P Biotech Bull 3x Shares stock?

LABU stock was acquired by a variety of institutional investors in the last quarter, including Harvest Investment Services LLC, Simplex Trading LLC and Traynor Capital Management Inc..

How do I buy shares of Direxion Daily S&P Biotech Bull 3x Shares?

Shares of LABU 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 S&P Biotech Bull 3x Shares' stock price today?

One share of LABU stock can currently be purchased for approximately $47.84.

How big of a company is Direxion Daily S&P Biotech Bull 3x Shares?

Direxion Daily S&P Biotech Bull 3x Shares has a market capitalization of $567.48 million.


MarketBeat Community Rating for Direxion Daily S&P Biotech Bull 3x Shares (NYSEARCA LABU)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  37 (Vote Outperform)
Underperform Votes:  31 (Vote Underperform)
Total Votes:  68
MarketBeat's community ratings are surveys of what our community members think about Direxion Daily S&P Biotech Bull 3x Shares and other stocks. Vote "Outperform" if you believe LABU will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LABU will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/19/2019 by MarketBeat.com Staff

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