Profile for DIREXION SH ETF TR (LABD)

$ 48.44   -0.48 (-0.98%) Volume: 442.02k 4:00 PM EDT 23-Oct-2020
Business Description:
The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the daily performance of the S&P Biotechnology Select Industry Index. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index is designed to measure the performance of the biotechnology sub-industry based on the Global Industry Classification Standards ("GICS"). The fund is non-diversified.
Address: Direxion Shares ETF Trust, 33 Whitehall Street,10th Floor, New York, NY, US, 10004
Telephone: 866-476-7523 Website: http://www.direxioninvestments.com/
Facsimile: N/A Email: [email protected]
Details
CEO: N/A
Employees: N/A Market Cap: 58.9m
Issue Type: N/A
Auditor: N/A
Last Audit: N/A
Indices: N/A
Industry Classifications
Sector: N/A CIK: 1424958
Industry: N/A
Sub-Industry:    N/A
NAICS: N/A
SIC: