How have WEBS shares performed in 2023?

Daily Dow Jones Internet Bear 3X Shares' stock was trading at $36.87 on January 1st, 2023. Since then, WEBS shares have decreased by 70.5% and is now trading at $10.86. View the best growth stocks for 2023 here .

What does WEBS invest in?

Daily Dow Jones Internet Bear 3X Shares is a equity fund issued by Direxion. WEBS focuses on large cap investments and follows the Dow Jones Internet Composite Index. The fund's investments total to approximately $24.44 million assets under management.

What is the management fee for Daily Dow Jones Internet Bear 3X Shares?

Daily Dow Jones Internet Bear 3X Shares' management fee is 0.75% and has other expenses of 0.87%. However, WEBS has a fee waiver of -0.61% to reimburse the expenses. The net expense ratio for WEBS is 1.01%.

When did Daily Dow Jones Internet Bear 3X Shares' stock split?

Daily Dow Jones Internet Bear 3X Shares's stock reverse split on the morning of Friday, August 28th 2020. The 1-10 reverse split was announced on Monday, July 27th 2020. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, August 27th 2020. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Who are Daily Dow Jones Internet Bear 3X Shares' major shareholders?

Daily Dow Jones Internet Bear 3X Shares' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Tower Research Capital LLC TRC (1.24%), GTS Securities LLC (0.98%), IMC Chicago LLC (0.81%) and Belvedere Trading LLC (0.00%).

How do I buy shares of Daily Dow Jones Internet Bear 3X Shares?

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

Daily Dow Jones Internet Bear 3X Shares (WEBS) Price, Holdings, & News

$10.86

+0.08 (+0.74%)

(As of 12/5/2023 ET)

Compare

Today's Range: $10.71
▼
$11.11
50-Day Range: $10.56
▼
$17.46
52-Week Range: $10.53
▼
$41.54

Volume: 221,312 shs
Average Volume: 407,613 shs
Market Capitalization: $29.00 million

Assets Under Management: $24.44 million
Dividend Yield: 0.74%
Net Expense Ratio: 1.01%

Stock Analysis Chart Headlines Holdings Ownership

About Daily Dow Jones Internet Bear 3X Shares (NYSEARCA:WEBS)

The Direxion Daily Dow Jones Internet Bear 3X Shares (WEBS) is an exchange-traded fund that is based on the DJ Internet Composite index. The fund provides 3x daily inverse exposure to a market-cap-weighted index of the largest and most liquid U.S. Internet companies. WEBS was launched on Nov 7, 2019 and is managed by Direxion.

WEBS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

WEBS ETF News Headlines

November 26, 2023 | americanbankingnews.com

Daily Dow Jones Internet Bear 3X Shares (NYSEARCA:WEBS) Stock Price Down 0.1%

July 12, 2023 | ca.finance.yahoo.com

WEBS - Direxion Daily Dow Jones Internet Bear 3X Shares

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February 23, 2023 | msn.com

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February 23, 2023 | msn.com

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February 1, 2023 | msn.com

Nasdaq Bear Market: 1 Growth Stock You'll Regret Not Buying on the Dip

January 27, 2023 | barrons.com

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January 3, 2023 | msn.com

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December 22, 2022 | msn.com

Nasdaq Bear Market: 3 Industry-Leading Stocks That Can Double Your Money by 2025

See More Headlines

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Fund Details

Issuer: Direxion
Fund Name: Daily Dow Jones Internet Bear 3X Shares
Tax Classification: Regulated Investment Company
Stock Exchange: NYSEARCA
Current Symbol: NYSEARCA:WEBS
Inception Date: 11/7/2019
Fund Manager: Paul Brigandi, Tony Ng
Web: N/A
Phone: N/A

Fund Focus

Asset Class: Equity
Benchmark: Dow Jones Internet Composite Index
Category: Size and Style
Focus: Large Cap
Development Level: Developed Markets
Region: North America
Number of Holdings: 13

Fund Statistics

Assets Under Management: $24.44 million
Average Daily Volume: $0.00
Discount/Premium: 0.01%
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: IMC

Options

Optionable: Optionable
Options Volume: 58
Put Options: 1
Call Options: 58
Short Interest: 67,200 shs

Miscellaneous

Outstanding Shares: 2,670,000
Beta: -2.85
Creation Unit: 50,000
Creation Fee: $250.00

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Daily Dow Jones Internet Bear 3X Shares Expenses

Type	WEBS	Large Cap ETFs	Equity ETFs	NYSEARCA ETFs	All ETFs
Management Fee	0.75%	0.56%	0.53%	0.50%	0.50%
Other Expenses	0.87%	0.30%	0.53%	0.64%	0.57%
Total Expense	1.62%	0.63%	0.69%	0.73%	0.69%
Fee Waiver	-0.61%	-0.20%	-0.54%	-0.69%	-0.58%
Net Expense	1.01%	0.60%	0.59%	0.57%	0.57%

Daily Dow Jones Internet Bear 3X Shares (WEBS) Holdings

Top 6 WEBS Holdings

GOLDMAN FINL SQ TRSRY INST 506
Holding Weight: 67.75%
DREYFUS GOVT CASH MAN INS
Holding Weight: 65.15%
DOW JONES INTERNET COMPOSITE INDEX SWAP
Holding Weight: -37.15%
DOW JONES INTERNET COMPOSITE INDEX SWAP
Holding Weight: -50.88%
DOW JONES INTERNET COMPOSITE INDEX SWAP
Holding Weight: -104.68%
DOW JONES INTERNET COMPOSITE INDEX SWAP
Holding Weight: -107.29%

Full Holdings Details

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Institutional Ownership

View All Institutional Transactions

WEBS ETF - Frequently Asked Questions

How have WEBS shares performed in 2023?: Daily Dow Jones Internet Bear 3X Shares' stock was trading at $36.87 on January 1st, 2023. Since then, WEBS shares have decreased by 70.5% and is now trading at $10.86.
View the best growth stocks for 2023 here.
What does WEBS invest in?: Daily Dow Jones Internet Bear 3X Shares is a equity fund issued by Direxion. WEBS focuses on large cap investments and follows the Dow Jones Internet Composite Index. The fund's investments total to approximately $24.44 million assets under management.
What is the management fee for Daily Dow Jones Internet Bear 3X Shares?: Daily Dow Jones Internet Bear 3X Shares' management fee is 0.75% and has other expenses of 0.87%. However, WEBS has a fee waiver of -0.61% to reimburse the expenses. The net expense ratio for WEBS is 1.01%.
When did Daily Dow Jones Internet Bear 3X Shares' stock split?: Daily Dow Jones Internet Bear 3X Shares's stock reverse split on the morning of Friday, August 28th 2020. The 1-10 reverse split was announced on Monday, July 27th 2020. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, August 27th 2020. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Who are Daily Dow Jones Internet Bear 3X Shares' major shareholders?: Daily Dow Jones Internet Bear 3X Shares' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Tower Research Capital LLC TRC (1.24%), GTS Securities LLC (0.98%), IMC Chicago LLC (0.81%) and Belvedere Trading LLC (0.00%).
How do I buy shares of Daily Dow Jones Internet Bear 3X Shares?: Shares of WEBS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSEARCA:WEBS) was last updated on 12/5/2023 by MarketBeat.com Staff

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