S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
Stock market today: Tumbling tech stocks drag Wall Street to the finish line of another losing week
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
NYSEARCA:WEBS

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

$7.52
+0.43 (+6.06%)
(As of 04/19/2024 ET)
Today's Range
$7.16
$7.63
50-Day Range
$6.04
$7.32
52-Week Range
$5.95
$23.22
Volume
1.28 million shs
Average Volume
630,850 shs
Market Capitalization
$20.83 million
Assets Under Management
$22.44 million
Dividend Yield
1.06%
Net Expense Ratio
1.01%
WEBS stock logo

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

WEBS ETF News Headlines

The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
WEBS - Direxion Daily Dow Jones Internet Bear 3X Shares
The “Perfect Storm” for Gold
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
See More Headlines
Receive WEBS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Daily Dow Jones Internet Bear 3X Shares and its competitors with MarketBeat's FREE daily newsletter.

Fund Details

Issuer
Direxion
Fund Name
Daily Dow Jones Internet Bear 3X Shares
Tax Classification
Regulated Investment Company
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
$22.44 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
6
Put Options
3
Call Options
6
Short Interest
96,300 shs

Miscellaneous

Beta
-4.41
Creation Unit
50,000
Creation Fee
$250.00
Elon Musk's Next Move Cover

Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.

Get This Free Report

Daily Dow Jones Internet Bear 3X Shares Expenses

TypeWEBSLarge Cap ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.57%0.54%0.50%0.51%
Other Expenses0.87%0.29%0.54%0.64%0.58%
Total Expense1.62%0.64%0.70%0.74%0.70%
Fee Waiver-0.61%-0.19%-0.55%-0.68%-0.57%
Net Expense1.01%0.61%0.60%0.58%0.58%

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

Top 6 WEBS Holdings

  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 87.81%
  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 46.92%
  • DOW JONES INTERNET COMPOSITE INDEX SWAP
    Holding Weight: -20.14%
  • DOW JONES INTERNET COMPOSITE INDEX SWAP
    Holding Weight: -22.03%
  • DOW JONES INTERNET COMPOSITE INDEX SWAP
    Holding Weight: -77.47%
  • DOW JONES INTERNET COMPOSITE INDEX SWAP
    Holding Weight: -180.36%

WEBS ETF - Frequently Asked Questions

How have WEBS shares performed in 2024?

Daily Dow Jones Internet Bear 3X Shares' stock was trading at $8.52 at the beginning of the year. Since then, WEBS stock has decreased by 11.7% and is now trading at $7.52.
View the best growth stocks for 2024 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 $22.44 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 shares 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 number of institutional and retail investors. Top institutional shareholders include IMC Chicago LLC (2.41%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:WEBS) was last updated on 4/19/2024 by MarketBeat.com Staff

From Our Partners