November 25, 2016 - By Clifton Ray · 0 Comments
Nov 25 is a negative day so far for Direxion Daily S&P 500 Bear 3X ETF (NYSEARCA:SPXS) as the ETF is active during the day after losing 0.96% to hit $11.34 per share. The exchange traded fund has 484.42M net assets and 2.59% volatility this month.
Over the course of the day 197,438 shares traded hands, as compared to an average volume of 5.26M over the last 30 days for Direxion Daily S&P 500 Bear 3X ETF (NYSEARCA:SPXS).
The ETF is -48.54% of its 52-Week High and 2.70% of its low, and is currently having ATR of 0.39. This year’s performance is -28.07% while this quarter’s performance is 0.50%.
The ETF’s YTD performance is -23.58%, the 1 year is -22.57% and the 3 year is -31.17%.
The fund’s top holdings are: S&P 500 Index Swap for 37.26% of assets, Goldman Finl Sq Trsry Ins for 7.04%, Direxion Daily S&P 500Â® Bear 1X ETF for 3.38%, Fidelity Institutional Go for 0.02%.
More notable recent Direxion Daily Large Cap Bear 3X Shares (NYSEARCA:SPXS) news were published by: Foxbusiness.com which released: “ProShares Trust Ultra VIX Short Term Futures ETF, Direxion Daily Large Cap …” on August 06, 2012, also Etfdailynews.com with their article: “Direxion Announces Modifications To 8 ETFs (BGU, BGZ, MWJ, MWN, TYH, TYP, ERX …” published on June 07, 2012, Etftrends.com published: “New ETFs Take a Bold Approach to China A-Shares” on April 14, 2015. More interesting news about Direxion Daily Large Cap Bear 3X Shares (NYSEARCA:SPXS) were released by: Etfdailynews.com and their article: “Time To Buy Small Caps? [Direxion Daily Small Cap Bear 3X Shares, Direxion …” published on May 15, 2014 as well as Etftrends.com‘s news article titled: “Direxion to Launch Leveraged S&P 500 ETF” with publication date: May 28, 2014.
Direxion Daily S&P 500 Bear 3X Shares ETF, formerly Direxion Daily S&P 500 Bear 3X Shares, seeks daily investment results of 300% of the inverse of the price performance of the S&P 500 Index. The company has a market cap of $484.42 million. The S&P 500 Index is a capitalization-weighted index composed of 500 domestic common stocks. It currently has negative earnings. Standard & Poor’s selects the 500 stocks comprising the Index on the basis of market values and industry diversification.
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By Clifton Ray