Log in

NYSEARCA:SPXSDirexion Daily S&P 500 Bear 3X Shares Stock Price, Forecast & News

$6.06
-0.01 (-0.16 %)
(As of 08/7/2020 04:00 PM ET)
Add
Today's Range
$6.05
Now: $6.06
$6.18
50-Day Range
$6.07
MA: $7.22
$8.52
52-Week Range
$6.05
Now: $6.06
$28.85
Volume26.05 million shs
Average Volume39.75 million shs
Market Capitalization$852.97 million
P/E RatioN/A
Dividend Yield1.86%
BetaN/A
Direxion Daily S&P 500 Bear 3X Shares ETF, formerly Direxion Daily S&P 500 Bear 3X Shares, seeks daily investment results of 300% of the inverse (or opposite) 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.
Read More

Currency Exposure of SPXS


Basic Details

Issuer Direxion
Fund NameDirexion Daily S&P 500 Bear 3X Shares
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:SPXS
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$852.90 million
Average Daily Volume$31.65 million
Discount/Premium0.00%

ETF Expenses

Management Fee0.75%
Other Expenses0.36%
Total Expenses1.11%
Fee Waiver-0.01%
Net Expenses1.10%

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
$6.06
-0.01 (-0.16 %)
(As of 08/7/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive SPXS News and Ratings via Email

Sign-up to receive the latest news and ratings for SPXS and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS) Frequently Asked Questions

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

Direxion Daily S&P 500 Bear 3X Shares' stock was trading at $18.96 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SPXS shares have decreased by 68.0% and is now trading at $6.06.
View which stocks have been most impacted by Coronavirus
.

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

Direxion Daily S&P 500 Bear 3X Shares announced a quarterly dividend on Monday, December 23rd. Investors of record on Tuesday, December 24th will be given a dividend of $0.0368 per share on Tuesday, December 31st. This represents a $0.15 annualized dividend and a yield of 2.43%. The ex-dividend date of this dividend is Monday, December 23rd.
View Direxion Daily S&P 500 Bear 3X Shares' dividend history
.

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

News stories about SPXS stock have trended very negative recently, InfoTrie reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Direxion Daily S&P 500 Bear 3X Shares earned a news impact score of -3.4 on InfoTrie's scale. They also assigned news articles 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 company's share price in the near future.
View the latest news about Direxion Daily S&P 500 Bear 3X Shares
.

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

What is Direxion Daily S&P 500 Bear 3X Shares' stock symbol?

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

Who are Direxion Daily S&P 500 Bear 3X Shares' major shareholders?

Direxion Daily S&P 500 Bear 3X Shares' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Canal Insurance CO (1.25%), GFS Advisors LLC (0.36%), Simplex Trading LLC (0.23%), Great Point Wealth Advisors LLC (0.14%), Evanson Asset Management LLC (0.06%) and Guidance Point Advisors LLC (0.01%).

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

SPXS stock was sold by a variety of institutional investors in the last quarter, including Canal Insurance CO, and Simplex Trading LLC.

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

SPXS stock was bought by a variety of institutional investors in the last quarter, including GFS Advisors LLC, Great Point Wealth Advisors LLC, Evanson Asset Management LLC, Personal CFO Solutions LLC, Donaldson Capital Management LLC, Chicago Partners Investment Group LLC, BCS Wealth Management, and HighMark Wealth Management LLC.

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

Shares of SPXS 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 Bear 3X Shares' stock price today?

One share of SPXS stock can currently be purchased for approximately $6.06.

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

Direxion Daily S&P 500 Bear 3X Shares has a market capitalization of $852.97 million.

What is Direxion Daily S&P 500 Bear 3X Shares' official website?

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

This page was last updated on 8/9/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.