NYSEARCA:MIDU

Direxion Daily Mid Cap Bull 3X Shares (MIDU) Price, Holdings, & News

$47.88
+1.72 (+3.73%)
(As of 04/23/2024 ET)
Today's Range
$46.30
$48.24
50-Day Range
$44.41
$56.13
52-Week Range
$26.75
$56.76
Volume
46,488 shs
Average Volume
67,699 shs
Market Capitalization
$79.00 million
Assets Under Management
$69.18 million
Dividend Yield
0.08%
Net Expense Ratio
1.03%

About Direxion Daily Mid Cap Bull 3X Shares

The Direxion Daily Mid Cap Bull 3X Shares (MIDU) is an exchange-traded fund that is based on the S&P Mid Cap 400 index. The fund provides 3x leveraged exposure to a market cap-weighted index of US mid-cap companies. MIDU was launched on Jan 8, 2009 and is managed by Direxion.

MIDU Stock Price History

MIDU ETF News Headlines

Direxion Daily Mid Cap Bull 3X Shares (MIDU)
Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS
You might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.
MIDU - Direxion Daily Mid Cap Bull 3X Shares
Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS
You might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.
See More Headlines
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Fund Details

Issuer
Direxion
Fund Name
Direxion Daily Mid Cap Bull 3X Shares
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:MIDU
Inception Date
1/7/2009
Fund Manager
Paul Brigandi, Tony Ng
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
S&P Midcap 400 Index
Category
Size and Style
Focus
Mid Cap
Development Level
Developed Markets
Region
North America
Number of Holdings
17

Fund Statistics

Assets Under Management
$69.18 million
Average Daily Volume
$64,537.20
Discount/Premium
0.05%
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
21
Put Options
2
Call Options
19
Short Interest
52,300 shs

Miscellaneous

Beta
3.38
Creation Unit
50,000
Creation Fee
$1,250.00
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Direxion Daily Mid Cap Bull 3X Shares Expenses

TypeMIDUMid Cap ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.34%0.54%0.50%0.51%
Other Expenses0.26%0.36%0.54%0.64%0.58%
Total Expense1.09%0.46%0.70%0.74%0.70%
Fee Waiver0.00%-0.46%-0.55%-0.68%-0.57%
Net Expense1.03%0.37%0.60%0.57%0.58%

Direxion Daily Mid Cap Bull 3X Shares (MIDU) Holdings & Exposure

Top 7 MIDU Holdings

  • S&P MID CAP 400 INDEX SWAP
    Holding Weight: 71.58%
  • S&P MID CAP 400 INDEX SWAP
    Holding Weight: 63.48%
  • iShares Core S&P Mid-Cap ETF(NYSEARCA:IJH)
    Holding Weight: 62.14%
  • S&P MID CAP 400 INDEX SWAP
    Holding Weight: 56.29%
  • S&P MID CAP 400 INDEX SWAP
    Holding Weight: 46.51%
  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 20.89%
  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 16.56%

MIDU Sector Exposure

MIDU Industry Exposure


MIDU ETF - Frequently Asked Questions

How have MIDU shares performed in 2024?

Direxion Daily Mid Cap Bull 3X Shares' stock was trading at $44.37 at the beginning of 2024. Since then, MIDU shares have increased by 7.9% and is now trading at $47.88.
View the best growth stocks for 2024 here
.

What does MIDU invest in?

Direxion Daily Mid Cap Bull 3X Shares is a equity fund issued by Direxion. MIDU focuses on mid cap investments and follows the S&P Midcap 400 Index. The fund's investments total to approximately $69.18 million assets under management.

What is the management fee for Direxion Daily Mid Cap Bull 3X Shares?

Direxion Daily Mid Cap Bull 3X Shares' management fee is 0.75% and has other expenses of 0.26%. The net expense ratio for MIDU is 1.03%.

What other stocks do shareholders of Direxion Daily Mid Cap Bull 3X Shares own?
Who are Direxion Daily Mid Cap Bull 3X Shares' major shareholders?

Direxion Daily Mid Cap Bull 3X Shares' stock is owned by a variety of retail and institutional investors. Top institutional investors include Toth Financial Advisory Corp (0.40%) and Traynor Capital Management Inc. (0.25%).

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

Shares of MIDU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:MIDU) was last updated on 4/24/2024 by MarketBeat.com Staff

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