NYSEARCA:LABU

Direxion Daily S&P Biotech Bull 3x Shares (LABU) Price, Holdings, & News

$83.72
-5.68 (-6.35%)
(As of 04/25/2024 ET)
Today's Range
$80.41
$85.50
50-Day Range
$83.72
$174.12
52-Week Range
$48.40
$176.99
Volume
3.03 million shs
Average Volume
2.99 million shs
Market Capitalization
$826.32 million
Assets Under Management
$890.50 million
Dividend Yield
0.60%
Net Expense Ratio
0.96%
LABU stock logo

About Direxion Daily S&P Biotech Bull 3x Shares (NYSEARCA:LABU)

The Direxion Daily S&P Biotech Bull 3X Shares (LABU) is an exchange-traded fund that is based on the S&P Biotechnology Select Industry index. The fund provides daily 3 times exposure to the S&P Biotechnology Select Industry Index. LABU was launched on May 28, 2015 and is managed by Direxion.

LABU Stock Price History

LABU ETF News Headlines

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The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
LABU: A Really Bad Drift
Direxion Daily S&P Biotech Bull 3X Shares (LABU)
LABU: Tool For Swing Traders
The “Next Bitcoin”? 10 CENT Crypto Set to Explode
The man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…
See More Headlines
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Fund Details

Issuer
Direxion
Fund Name
Direxion Daily S&P Biotech Bull 3x Shares
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:LABU
Inception Date
5/28/2015
Fund Manager
Paul Brigandi, Tony Ng
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
S&P Biotechnology Select Industry Index
Category
Sector
Focus
Health Care
Development Level
Developed Markets
Region
North America
Number of Holdings
160

Fund Statistics

Assets Under Management
$890.50 million
Average Daily Volume
$2.52 million
Discount/Premium
0.12%
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
4,461
Put Options
2,226
Call Options
2,235
Short Interest
1,080,000 shs

Miscellaneous

Beta
3.19
Creation Unit
50,000
Creation Fee
$250.00
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Direxion Daily S&P Biotech Bull 3x Shares Expenses

TypeLABUHealth Care ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.56%0.54%0.50%0.51%
Other Expenses0.21%0.40%0.54%0.64%0.58%
Total Expense0.96%0.72%0.70%0.74%0.70%
Fee Waiver0.00%-0.53%-0.55%-0.68%-0.57%
Net Expense0.96%0.60%0.60%0.58%0.58%

Direxion Daily S&P Biotech Bull 3x Shares (LABU) Holdings & Exposure

Top 10 LABU Holdings

  • S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP
    Holding Weight: 44.63%
  • S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP
    Holding Weight: 38.04%
  • S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP
    Holding Weight: 37.66%
  • S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP
    Holding Weight: 32.85%
  • S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP
    Holding Weight: 29.15%
  • S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP
    Holding Weight: 22.33%
  • S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP
    Holding Weight: 20.69%
  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 18.01%
  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 7.64%
  • Alpine Immune Sciences(NASDAQ:ALPN)
    Holding Weight: 1.34%

LABU Sector Exposure

LABU Industry Exposure


LABU ETF - Frequently Asked Questions

How have LABU shares performed in 2024?

Direxion Daily S&P Biotech Bull 3x Shares' stock was trading at $121.97 at the beginning of the year. Since then, LABU stock has decreased by 31.4% and is now trading at $83.72.
View the best growth stocks for 2024 here
.

What does LABU invest in?

Direxion Daily S&P Biotech Bull 3x Shares is a equity fund issued by Direxion. LABU focuses on health care investments and follows the S&P Biotechnology Select Industry Index. The fund's investments total to approximately $890.50 million assets under management.

What stocks does Direxion Daily S&P Biotech Bull 3x Shares hold?
What is the management fee for Direxion Daily S&P Biotech Bull 3x Shares?

Direxion Daily S&P Biotech Bull 3x Shares' management fee is 0.75% and has other expenses of 0.21%. The net expense ratio for LABU is 0.96%.

When did Direxion Daily S&P Biotech Bull 3x Shares' stock split?

Shares of Direxion Daily S&P Biotech Bull 3x Shares reverse split before market open on Monday, December 4th 2023. The 1-20 reverse split was announced on Monday, December 4th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Monday, December 4th 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

What other stocks do shareholders of Direxion Daily S&P Biotech Bull 3x Shares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Direxion Daily S&P Biotech Bull 3x Shares investors own include Micron Technology (MU), NVIDIA (NVDA), Direxion Daily S&P Biotech Bear 3x Shares (LABD), Alibaba Group (BABA), ProShares UltraPro QQQ (TQQQ), Advanced Micro Devices (AMD), Direxion Daily Semiconductors Bull 3x Shares (SOXL), Boeing (BA), Gilead Sciences (GILD).

Who are Direxion Daily S&P Biotech Bull 3x Shares' major shareholders?

Direxion Daily S&P Biotech Bull 3x Shares' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include TB Alternative Assets Ltd. (0.04%), Traynor Capital Management Inc. (0.00%) and Gainplan LLC (0.05%).

How do I buy shares of Direxion Daily S&P Biotech Bull 3x Shares?

Shares of LABU 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:LABU) was last updated on 4/26/2024 by MarketBeat.com Staff

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