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NYSEARCA:SPXLDirexion Daily S&P 500 Bull 3X Stock Price, Forecast & News

$42.10
+1.00 (+2.43 %)
(As of 06/2/2020 04:00 PM ET)
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Today's Range
$40.93
Now: $42.10
$42.13
50-Day Range
$29.94
MA: $35.07
$40.53
52-Week Range
$16.51
Now: $42.10
$76.33
Volume11.78 million shs
Average Volume19.49 million shs
Market Capitalization$1.51 billion
P/E RatioN/A
Dividend Yield1.35%
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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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 1.7Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.67 out of 5 stars


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 Index
CategorySize and Style
FocusLarge Cap
Development LevelDeveloped Markets
RegionNorth America

Fund Statistics

Assets Under Management$1.47 billion
Average Daily Volume$18.25 million
Discount/Premium-0.02%

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

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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

How has Direxion Daily S&P 500 Bull 3X's stock been impacted by COVID-19 (Coronavirus)?

Direxion Daily S&P 500 Bull 3X's stock was trading at $37.59 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SPXL stock has increased by 12.0% and is now trading at $42.10. View which stocks have been most impacted by Coronavirus.

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 declared a quarterly dividend on Monday, December 23rd. Shareholders of record on Tuesday, December 24th will be paid a dividend of $0.2623 per share on Tuesday, December 31st. This represents a $1.05 dividend on an annualized basis and a dividend yield of 2.49%. The ex-dividend date is Monday, December 23rd. This is an increase from Direxion Daily S&P 500 Bull 3X's previous quarterly dividend of $0.21. View Direxion Daily S&P 500 Bull 3X's dividend history.

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

News articles about SPXL stock have trended somewhat negative this week, InfoTrie reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Direxion Daily S&P 500 Bull 3X earned a media sentiment score of -1.0 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutDirexion Daily S&P 500 Bull 3X.

What other stocks do shareholders of Direxion Daily S&P 500 Bull 3X own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Direxion Daily S&P 500 Bull 3X investors own include Tesla (TSLA), NVIDIA (NVDA), ProShares UltraPro QQQ (TQQQ), Paypal (PYPL), Visa (V), Alibaba Group (BABA), Bausch Health Companies (BHC), Ford Motor (F), General Electric (GE) and Johnson & Johnson (JNJ).

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."

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 institutional and retail investors. Top institutional shareholders include Wealthstar Advisors LLC (2.43%), Insight Wealth Partners LLC (1.17%), Paracle Advisors LLC (0.50%), Tower Research Capital LLC TRC (0.27%), Probabilities Fund Management LLC (0.21%) and DRW Securities LLC (0.09%).

Which major 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 Traynor Capital Management Inc., Simplex Trading LLC, First Midwest Bank Trust Division, Bank of The West, and UBS Group AG.

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

SPXL stock was acquired by a variety of institutional investors in the last quarter, including Wealthstar Advisors LLC, Insight Wealth Partners LLC, Paracle Advisors LLC, Probabilities Fund Management LLC, Tower Research Capital LLC TRC , DRW Securities LLC, Clear Harbor Asset Management LLC, and Clear Harbor Asset Management 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, Robinhood, 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 $42.10.

How big of a company is Direxion Daily S&P 500 Bull 3X?

Direxion Daily S&P 500 Bull 3X has a market capitalization of $1.51 billion.

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

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

This page was last updated on 6/3/2020 by MarketBeat.com Staff

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