NYSEARCA:SPXL - Direxion Large Cap Bull 3X Shares Stock Price, Price Target & More

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$47.23 -0.33 (-0.69 %)
(As of 06/18/2018 04:00 PM ET)
Previous Close$47.56
Today's Range$46.42 - $47.32
52-Week Range$33.37 - $54.49
Volume2.48 million shs
Average Volume5.39 million shs
Market CapitalizationN/A
P/E RatioN/A
Dividend Yield0.24%
BetaN/A

About Direxion Large Cap Bull 3X Shares (NYSEARCA:SPXL)

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$1.13 billion
Average Daily Volume$7.33 million
Discount/Premium1.45%

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 Large Cap Bull 3X Shares (NYSEARCA:SPXL)
Currency Exposure of Direxion Large Cap Bull 3X Shares (NYSEARCA:SPXL)
Sector Exposure of Direxion Large Cap Bull 3X Shares (NYSEARCA:SPXL)
Industry Exposure of Direxion Large Cap Bull 3X Shares (NYSEARCA:SPXL)

Direxion Large Cap Bull 3X Shares (NYSEARCA:SPXL) Frequently Asked Questions

What is Direxion Large Cap Bull 3X Shares' stock symbol?

Direxion Large Cap Bull 3X Shares trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "SPXL."

How often does Direxion Large Cap Bull 3X Shares pay dividends? What is the dividend yield for Direxion Large Cap Bull 3X Shares?

Direxion Large Cap Bull 3X Shares declared a quarterly dividend on Tuesday, December 19th. Investors of record on Wednesday, December 20th will be paid a dividend of $0.1151 per share on Wednesday, December 27th. This represents a $0.46 annualized dividend and a yield of 0.97%. The ex-dividend date is Tuesday, December 19th. View Direxion Large Cap Bull 3X Shares' Dividend History.

Are investors shorting Direxion Large Cap Bull 3X Shares?

Direxion Large Cap Bull 3X Shares saw a increase in short interest in the month of May. As of May 31st, there was short interest totalling 1,114,331 shares, an increase of 78.6% from the May 15th total of 623,849 shares. Based on an average daily volume of 3,513,285 shares, the short-interest ratio is presently 0.3 days.

Has Direxion Large Cap Bull 3X Shares been receiving favorable news coverage?

Press coverage about SPXL stock has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Direxion Large Cap Bull 3X Shares earned a news impact score of 0.05 on Accern's scale. They also assigned news headlines about the company an impact score of 47.46 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Who are Direxion Large Cap Bull 3X Shares' major shareholders?

Direxion Large Cap Bull 3X Shares' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Gainplan LLC (5.51%), Traynor Capital Management Inc. (0.52%), Trellus Management Company LLC (0.16%), DRW Securities LLC (0.10%), Royal Bank of Canada (0.08%) and Ladenburg Thalmann Financial Services Inc. (0.05%). View Institutional Ownership Trends for Direxion Large Cap Bull 3X Shares.

Which institutional investors are selling Direxion Large Cap Bull 3X Shares stock?

SPXL stock was sold by a variety of institutional investors in the last quarter, including DRW Securities LLC and Ladenburg Thalmann Financial Services Inc.. View Insider Buying and Selling for Direxion Large Cap Bull 3X Shares.

Which institutional investors are buying Direxion Large Cap Bull 3X Shares stock?

SPXL stock was purchased by a variety of institutional investors in the last quarter, including Gainplan LLC, Traynor Capital Management Inc., Trellus Management Company LLC and Royal Bank of Canada. View Insider Buying and Selling for Direxion Large Cap Bull 3X Shares.

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

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 Large Cap Bull 3X Shares' stock price today?

One share of SPXL stock can currently be purchased for approximately $47.23.


MarketBeat Community Rating for Direxion Large Cap Bull 3X Shares (SPXL)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  46 (Vote Outperform)
Underperform Votes:  38 (Vote Underperform)
Total Votes:  84
MarketBeat's community ratings are surveys of what our community members think about Direxion Large Cap Bull 3X Shares 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 6/18/2018 by MarketBeat.com Staff

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