NYSEARCA:SPXL - Direxion Daily S&P 500 Bull 3X Stock Price, News, & Analysis

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$39.63 -2.45 (-5.82 %)
(As of 11/20/2018 04:00 PM ET)
Previous Close$42.08
Today's Range$39.14 - $40.93
52-Week Range$36.82 - $55.95
Volume7.89 million shs
Average Volume4.55 million shs
Market CapitalizationN/A
P/E RatioN/A
Dividend Yield0.58%
BetaN/A
Direxion Daily S&P 500 Bull 3X Shares, formerly Direxion Daily Large Cap Bull 3X Shares, seeks daily investment results of 300% of the price performance of the S&P 500 Index. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. Standard & Poor's selects the 500 stocks comprising the Index on the basis of market values and industry diversification. Most of the stocks in the Index are issued by the 500 largest companies, in terms of the aggregate market value of their outstanding stock, and generally are listed on the New York Stock Exchange. It invests in sectors, such as information technology, financials, health care, consumer discretionary, consumer staples, energy, industrials, utilities, materials and telecommunication services. Rafferty Asset Management, LLC is the Fund's investment adviser.

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Basic Details

Issuer Direxion
Fund NameDirexion Daily S&P 500 Bull 3X
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:SPXL
Inception Date11/5/2008
Fund ManagerPaul Brigandi, Tony Ng
PhoneN/A

Fund Focus

Asset ClassEquity
BenchmarkS&P 500 TR USD
CategorySize and Style
FocusLarge Cap
Development LevelDeveloped Markets
RegionNorth America

Fund Statistics

Assets Under Management$1.14 billion
Average Daily Volume$5.67 million
Discount/Premium-3.97%

ETF Expenses

Management Fee0.75%
Other Expenses0.28%
Total Expenses1.03%
Fee Waiver0.01%
Net Expenses1.04%

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 500 Bull 3X (NYSEARCA:SPXL)
Currency Exposure of Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL)
Sector Exposure of Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL)
Industry Exposure of Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL)

Direxion Daily S&P 500 Bull 3X (NYSEARCA:SPXL) Frequently Asked Questions

What is Direxion Daily S&P 500 Bull 3X's stock symbol?

Direxion Daily S&P 500 Bull 3X trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "SPXL."

How often does Direxion Daily S&P 500 Bull 3X pay dividends? What is the dividend yield for Direxion Daily S&P 500 Bull 3X?

Direxion Daily S&P 500 Bull 3X announced a quarterly dividend on Tuesday, September 25th. Stockholders of record on Wednesday, September 26th will be paid a dividend of $0.1136 per share on Tuesday, October 2nd. This represents a $0.45 annualized dividend and a dividend yield of 1.15%. The ex-dividend date of this dividend is Tuesday, September 25th. This is an increase from Direxion Daily S&P 500 Bull 3X's previous quarterly dividend of $0.01. View Direxion Daily S&P 500 Bull 3X's Dividend History.

Has Direxion Daily S&P 500 Bull 3X been receiving favorable news coverage?

Press coverage about SPXL stock has trended somewhat negative on Tuesday, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Direxion Daily S&P 500 Bull 3X earned a media sentiment score of -1.2 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the company's share price in the next few days.

Are investors shorting Direxion Daily S&P 500 Bull 3X?

Direxion Daily S&P 500 Bull 3X saw a increase in short interest during the month of October. As of October 15th, there was short interest totalling 862,563 shares, an increase of 55.2% from the September 28th total of 555,763 shares. Based on an average trading volume of 5,195,592 shares, the short-interest ratio is presently 0.2 days. View Direxion Daily S&P 500 Bull 3X's Current Options Chain.

Who are Direxion Daily S&P 500 Bull 3X's major shareholders?

Direxion Daily S&P 500 Bull 3X's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Wealthstar Advisors LLC (1.40%), Traynor Capital Management Inc. (0.63%), Probabilities Fund Management LLC (0.42%), Tower Research Capital LLC TRC (0.25%), Envestnet Asset Management Inc. (0.24%) and Bank of The West (0.05%).

Which institutional investors are selling Direxion Daily S&P 500 Bull 3X stock?

SPXL stock was sold by a variety of institutional investors in the last quarter, including Probabilities Fund Management LLC, Simplex Trading LLC, Morgan Stanley and Traynor Capital Management Inc..

Which institutional investors are buying Direxion Daily S&P 500 Bull 3X stock?

SPXL stock was bought by a variety of institutional investors in the last quarter, including Tower Research Capital LLC TRC , Envestnet Asset Management Inc., Bank of The West, Wealthstar Advisors LLC, Clear Harbor Asset Management LLC and We Are One Seven LLC.

How do I buy shares of Direxion Daily S&P 500 Bull 3X?

Shares of SPXL 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 500 Bull 3X's stock price today?

One share of SPXL stock can currently be purchased for approximately $39.63.

What is Direxion Daily S&P 500 Bull 3X's official website?

The official website for Direxion Daily S&P 500 Bull 3X is http://www.direxionshares.com.


MarketBeat Community Rating for Direxion Daily S&P 500 Bull 3X (NYSEARCA SPXL)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  61 (Vote Outperform)
Underperform Votes:  62 (Vote Underperform)
Total Votes:  123
MarketBeat's community ratings are surveys of what our community members think about Direxion Daily S&P 500 Bull 3X and other stocks. Vote "Outperform" if you believe SPXL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SPXL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/20/2018 by MarketBeat.com Staff

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