Noteworthy ETF Flows: Direxion Daily Latin America Bull 3X ETF (LBJ) Rises 3.73% for Nov 22

November 22, 2016 - By Winifred Garcia   ·   0 Comments

Nov 22 is a positive day so far for Direxion Daily Latin America Bull 3X ETF (NYSEARCA:LBJ) as the ETF is active during the day after gaining 3.73% to hit $83.25 per share. The exchange traded fund has 10.40M net assets and 6.32% volatility this month.

Over the course of the day 421 shares traded hands, as compared to an average volume of 4,270 over the last 30 days for Direxion Daily Latin America Bull 3X ETF (NYSEARCA:LBJ).

The ETF is -36.26% of its 52-Week High and 168.72% of its low, and is currently having ATR of 8.65. This year’s performance is 61.46% while this quarter’s performance is -24.79%.

The ETF’s YTD performance is 141.67%, the 1 year is 75.97% and the 3 year is -34.76%.

The ETF’s average P/E ratio is 14.49, the price to book is 1.67, the price to sales is 1.24 and the price to cashflow is 3.66. It was started on 12/03/2009. The fund’s top holdings are: iShares Latin America 40 for 165.32% of assets, iShares Latin America for 97.56%, Ishares S&P Latin Amer for 35.13%, Fidelity Institutional Go for 15.03%, Morgan Stanley Ilf/Treas/ for 9.93%. The ETF sector weights are: Basic Materials 12.26%, Consumer Cyclical 7.02%, Financial Services 31.55%, Realestate 0.84%, Consumer Defensive 20.79%, Utilities 3.84%, Communication Services 6.58%, Energy 10.04%, Industrials 4.32%, Technology 2.75%. The ETF currently as yield.

Direxion Daily Latin America Bull 3x Shares ETF seeks daily investment results of 300% of the price performance of the S&P Latin America 40 Index (Latin America Index). The ETF has a market cap of $10.40 million. The S&P Latin America 40 Index is an equity index drawn from five Latin American markets: Argentina, Brazil, Chile, Mexico and Peru. It currently has negative earnings. Under normal circumstances, the Fund focuses on creating long positions, by investing at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in the equity securities that comprise its underlying index and/or futures contracts; options on securities, indices and futures contracts; equity caps, collars and floors; swap agreements; forward contracts; short positions; repurchase agreements; reverse repurchase agreements, and other financial instruments, (collectively, Financial Instruments) that, in combination, provide leveraged and unleveraged exposure to its underlying index.

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By Winifred Garcia

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