NYSEARCA:WEBS

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

$6.98
+0.07 (+1.01%)
(As of 04/24/2024 ET)
Today's Range
$6.73
$7.13
50-Day Range
$6.04
$7.52
52-Week Range
$5.95
$23.22
Volume
625,702 shs
Average Volume
631,560 shs
Market Capitalization
$19.32 million
Assets Under Management
$20.85 million
Dividend Yield
1.15%
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

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AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
WEBS - Direxion Daily Dow Jones Internet Bear 3X Shares
top AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)
AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
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
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
15

Fund Statistics

Assets Under Management
$20.85 million
Average Daily Volume
$0.00
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
IMC

Options

Optionable
Optionable
Options Volume
9
Put Options
3
Call Options
9
Short Interest
96,300 shs

Miscellaneous

Beta
-4.41
Creation Unit
50,000
Creation Fee
$250.00
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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%0.63%0.70%0.74%0.70%
Fee Waiver-0.61%-0.19%-0.54%-0.68%-0.57%
Net Expense1.01%0.61%0.60%0.57%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 start of the year. Since then, WEBS shares have decreased by 18.1% and is now trading at $6.9750.
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 $20.85 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?

Shares of Daily Dow Jones Internet Bear 3X Shares reverse split on 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 many different 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 4/25/2024 by MarketBeat.com Staff

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