Direxion Daily S&P Biotech Bull 3X Shares (LABU)
LABU Price Chart
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LABU ETF Profile
Key details and information about Direxion Daily S&P Biotech Bull 3X Shares (LABU).
Sector Focus
Financial Services
Industry
Asset Management
Inception Date
28 May 2015
Country
US
Description
Direxion Shares ETF Trust - Direxion Daily S&P Biotech Bull 3X ETF is an exchange traded fund launched by Direxion Investments. It is managed by Rafferty Asset Management, LLC. It invests in public equity markets of the United States. It invests directly, through derivatives and through other funds in stocks of companies operating across health care, pharmaceuticals, biotechnology and life sciences sectors. It uses derivatives such as futures, swaps to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track 3x the daily performance of the S&P Biotechnology Select Industry Index. Direxion Shares ETF Trust - Direxion Daily S&P Biotech Bull 3X ETF was formed on May 28, 2015 and is domiciled in the United States.
LABU ETF Performance
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