NYSEARCA:SPXS - Direxion Daily S&P 500 Bear 3X Shares Stock Price, News & Analysis

$19.00
-0.88 (-4.43 %)
(As of 08/18/2019 01:41 AM ET)
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Today's Range
$18.92
Now: $19.00
$19.52
50-Day Range
$16.87
MA: $17.93
$20.07
52-Week Range
$16.84
Now: $19.00
$38.49
Volume8.94 million shs
Average Volume6.91 million shs
Market Capitalization$418.08 million
P/E RatioN/A
Dividend Yield1.44%
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.

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$462.47 million
Average Daily Volume$9.45 million
Discount/Premium-0.03%

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

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Currency Exposure of Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA:SPXS)

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

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."

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 Tuesday, March 19th. Shareholders of record on Wednesday, March 20th will be paid a dividend of $0.0621 per share on Tuesday, March 26th. This represents a $0.25 annualized dividend and a yield of 1.31%. The ex-dividend date of this dividend is Tuesday, March 19th. 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?

Media coverage about SPXS stock has been trending negative recently, according to InfoTrie. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of 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 media sentiment score of -2.3 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Direxion Daily S&P 500 Bear 3X Shares.

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

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 of institutional and retail investors. Top institutional shareholders include Hartline Investment Corp (2.54%), Morgan Stanley (0.59%), Tower Research Capital LLC TRC (0.45%), IMC Chicago LLC (0.40%), Simplex Trading LLC (0.32%) and DRW Securities LLC (0.28%).

Which major 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 Tower Research Capital LLC TRC .

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

SPXS stock was purchased by a variety of institutional investors in the last quarter, including Hartline Investment Corp, Morgan Stanley, DRW Securities LLC, Simplex Trading LLC, IMC Chicago LLC, Bluestein R H & Co., SG Americas Securities LLC and JPMorgan Chase & Co..

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, Scottrade, 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 $19.00.

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 $418.08 million. View Additional Information About Direxion Daily S&P 500 Bear 3X Shares.

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 http://www.direxionshares.com/.


MarketBeat Community Rating for Direxion Daily S&P 500 Bear 3X Shares (NYSEARCA SPXS)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  38 (Vote Outperform)
Underperform Votes:  33 (Vote Underperform)
Total Votes:  71
MarketBeat's community ratings are surveys of what our community members think about Direxion Daily S&P 500 Bear 3X Shares and other stocks. Vote "Outperform" if you believe SPXS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SPXS will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/18/2019 by MarketBeat.com Staff

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