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NYSEARCA:TECS

Direxion Daily Technology Bear 3X Shares (TECS) Price, Holdings, & News

$6.60
-0.25 (-3.65%)
(As of 07/26/2024 ET)
Today's Range
$6.43
$6.77
50-Day Range
$5.06
$7.49
52-Week Range
$5.03
$17.50
Volume
23.22 million shs
Average Volume
11.29 million shs
Market Capitalization
$65.34 million
Assets Under Management
$109.32 million
Dividend Yield
6.15%
Net Expense Ratio
1.03%

About Direxion Daily Technology Bear 3X Shares

The Direxion Daily Technology Bear 3X Shares (TECS) is an exchange-traded fund that is based on the Technology Select Sector index. The fund provides 3x leveraged inverse exposure to a market-cap-weighted index of US large-cap technology companies. TECS was launched on Dec 17, 2008 and is managed by Direxion.

TECS Stock Price History

TECS ETF News Headlines

Direxion Technology Bear 3X Sha (^TECS-NV)
Brace Yourself: Experts calling for Bitcoin to hit $100k
For the past few months, Bitcoin has been trading flat… It's been stuck around the $60,000 to $72,000 range. But that could change soon. Very soon.
Direxion Daily Energy Bear 2X Shares (ERY)
TECS ETF Stock Price History
TECS Direxion Daily Technology Bear 3X Shares ETF
Direxion Daily Technology Bear 3X Shares (TECS)
Brace Yourself: Experts calling for Bitcoin to hit $100k
For the past few months, Bitcoin has been trading flat… It's been stuck around the $60,000 to $72,000 range. But that could change soon. Very soon.
See More Headlines
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Fund Details

Issuer
Direxion
Fund Name
Direxion Daily Technology Bear 3X Shares
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:TECS
Inception Date
12/16/2008
Fund Manager
Paul Brigandi, Tony Ng
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
Technology Select Sector Index
Category
Sector
Focus
Information Technology
Development Level
Developed Markets
Region
North America
Number of Holdings
23

Fund Statistics

Assets Under Management
$109.32 million
Average Daily Volume
$14.24 million
Discount/Premium
0.00%
Leveraged
-3.00

Administrator, Advisor and Custodian

Administrator
U.S. Bancorp Fund Services, LLC
Advisor
Rafferty Asset Management, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Foreside Fund Services, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
1,770
Put Options
202
Call Options
1,568
Short Interest
530,400 shs

Miscellaneous

Beta
-4.03
Creation Unit
50,000
Creation Fee
$250.00
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Direxion Daily Technology Bear 3X Shares Expenses

TypeTECSInformation Technology ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.52%0.54%0.51%0.51%
Other Expenses0.31%0.22%0.50%0.59%0.54%
Total Expense1.06%0.61%0.70%0.74%0.71%
Fee Waiver-0.03%-0.21%-0.54%-0.69%-0.59%
Net Expense1.03%0.56%0.60%0.58%0.58%

Direxion Daily Technology Bear 3X Shares (TECS) Holdings

Top 10 TECS Holdings

  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 56.45%
  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 47.91%
  • GOLDMAN SACHS FIN GOV 465 INSTITUT
    Holding Weight: 8.72%
  • DREYFUS TRSRY SECURITIES CASH MGMT
    Holding Weight: 6.01%
  • TECHNOLOGY SELECT SECTOR INDEX SWAP
    Holding Weight: -8.64%
  • TECHNOLOGY SELECT SECTOR INDEX SWAP
    Holding Weight: -12.48%
  • TECHNOLOGY SELECT SECTOR INDEX SWAP
    Holding Weight: -22.68%
  • TECHNOLOGY SELECT SECTOR INDEX SWAP
    Holding Weight: -30.35%
  • TECHNOLOGY SELECT SECTOR INDEX SWAP
    Holding Weight: -31.71%
  • TECHNOLOGY SELECT SECTOR INDEX SWAP
    Holding Weight: -35.66%

TECS ETF - Frequently Asked Questions

How have TECS shares performed this year?

Direxion Daily Technology Bear 3X Shares' stock was trading at $9.89 at the beginning of the year. Since then, TECS shares have decreased by 33.3% and is now trading at $6.60.
View the best growth stocks for 2024 here
.

When did Direxion Daily Technology Bear 3X Shares' stock split?

Direxion Daily Technology Bear 3X Shares shares reverse split on the morning of Monday, October 25th 2021. The 1-10 reverse split was announced on Monday, October 25th 2021. The number of shares owned by shareholders was adjusted after the market closes on Monday, October 25th 2021. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

How do I buy shares of Direxion Daily Technology Bear 3X Shares?

Shares of TECS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Direxion Daily Technology Bear 3X Shares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Direxion Daily Technology Bear 3X Shares investors own include Netflix (NFLX), Direxion Daily Small Cap Bear 3X Shares (TZA), Intel (INTC), NVIDIA (NVDA), Arista Networks (ANET), Alibaba Group (BABA) and SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (BIL).

This page (NYSEARCA:TECS) was last updated on 7/26/2024 by MarketBeat.com Staff

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