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NYSEARCA:SPXS

Direxion Daily S&P 500 Bear 3X Shares Stock Forecast, Price & News

$4.39
+0.05 (+1.15 %)
(As of 11/30/2020 12:00 AM ET)
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Today's Range
$4.35
Now: $4.39▼
$4.50
50-Day Range
$4.34
MA: $5.00▼
$6.09
52-Week Range
$4.29
Now: $4.39▼
$28.85
Volume32.55 million shs
Average Volume38.72 million shs
Market Capitalization$606.06 million
P/E RatioN/A
Dividend Yield1.31%
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.

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
Webwww.direxionshares.com
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$682.35 million
Average Daily Volume$39.54 million
Discount/Premium-0.01%

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
$4.39
+0.05 (+1.15 %)
(As of 11/30/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SPXS shares have decreased by 76.8% and is now trading at $4.39.
View which stocks have been most impacted by COVID-19.

What stocks does MarketBeat like better than Direxion Daily S&P 500 Bear 3X Shares?

Wall Street analysts have given Direxion Daily S&P 500 Bear 3X Shares a "N/A" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Direxion Daily S&P 500 Bear 3X Shares wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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. Stockholders 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 3.35%. The ex-dividend date of this dividend is Monday, December 23rd.
View Direxion Daily S&P 500 Bear 3X Shares' dividend history.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Direxion Daily S&P 500 Bear 3X Shares investors own include Direxion Daily Small Cap Bear 3X Shares (TZA), Tesla (TSLA), Johnson & Johnson (JNJ), NVIDIA (NVDA), The Boeing (BA), Square (SQ), The Walt Disney (DIS), Netflix (NFLX), ProShares UltraPro Short QQQ (SQQQ) and Zoom Video Communications (ZM).

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 variety of retail and institutional investors. Top institutional investors include Morgan Stanley (0.19%), Evanson Asset Management LLC (0.07%), Jeppson Wealth Management LLC (0.04%), Integrated Advisors Network LLC (0.03%), Lion Street Advisors LLC (0.02%) and Traynor Capital Management Inc. (0.01%).

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 Morgan Stanley, Guidance Point Advisors LLC, and JPMorgan Chase & Co..

Which major 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 Jeppson Wealth Management LLC, Integrated Advisors Network LLC, Lion Street Advisors LLC, Traynor Capital Management Inc., Annex Advisory Services LLC, Edge Capital Group LLC, Whittier Trust Co. of Nevada Inc., and Evanson Asset 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 $4.39.

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 $606.06 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 12/1/2020 by MarketBeat.com Staff
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