NYSEARCA:LABD Direxion Daily S&P Biotech Bear 3x Shares (LABD) Price, Holdings, & News → The CHIPS Act Motherlode (From True Market Insiders) (Ad) Free LABD Stock Alerts $7.95 +0.35 (+4.61%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$7.49▼$8.0350-Day Range$6.93▼$11.0352-Week Range$5.72▼$29.92Volume9.52 million shsAverage Volume15.32 million shsMarket Capitalization$89.99 millionAssets Under Management$125.72 millionDividend Yield1.13%Net Expense Ratio1.00% Stock AnalysisStock AnalysisChartHoldingsOwnershipStock AnalysisChartHoldingsOwnership Get Direxion Daily S&P Biotech Bear 3x Shares alerts: Email Address About Direxion Daily S&P Biotech Bear 3x SharesThe Direxion Daily S&P Biotech Bear 3X Shares (LABD) is an exchange-traded fund that is based on the S&P Biotechnology Select Industry index. The fund provides daily 3 times inverse exposure to the S&P Biotechnology Select Industry Index. LABD was launched on May 28, 2015 and is managed by Direxion.Read More LABD Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LABD ETF News HeadlinesMarch 21, 2024 | msn.comDirexion Daily S&P Biotech Bear 3X Shares declares quarterly distribution of $0.0664March 2, 2024 | msn.comSOXS, ARKB and LABD among weekly ETF moversJuly 21, 2023 | msn.comLABD: 3X Leveraged Inverse Fund In Biotechnology Sector Is Best AvoidedJune 22, 2023 | msn.comDirexion Daily S&P Biotech Bear 3X Shares declares quarterly distribution of $0.0998June 22, 2023 | msn.com5 Factors Why Inverse ETFs May Rule in 2H23March 1, 2023 | msn.com5 Best Inverse-Leveraged ETFs of FebruaryFebruary 24, 2023 | finance.yahoo.comThis Year's Most Shorted ETFsFebruary 15, 2023 | finance.yahoo.com5 Least-Hurt Biotech ETFs of the Last WeekSee More Headlines Receive LABD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Direxion Daily S&P Biotech Bear 3x Shares and its competitors with MarketBeat's FREE daily newsletter. Email Address Fund Details IssuerDirexion Fund NameDirexion Daily S&P Biotech Bear 3x Shares Tax ClassificationRegulated Investment Company Stock ExchangeNYSEARCACurrent SymbolNYSEARCA:LABD Inception Date5/28/2015 Fund ManagerPaul Brigandi, Tony Ng WebN/A PhoneN/AFund Focus Asset ClassEquity BenchmarkS&P Biotechnology Select Industry Index CategorySector FocusHealth Care Development LevelDeveloped Markets RegionNorth America Number of Holdings15 Fund Statistics Assets Under Management$125.72 million Average Daily Volume$14.00 million Discount/Premium-0.02% Leveraged-3.00 Administrator, Advisor and Custodian AdministratorU.S. Bancorp Fund Services, LLC AdvisorRafferty Asset Management, LLC CustodianThe Bank of New York Mellon Corporation DistributorForeside Fund Services, LLC Transfer AgentThe Bank of New York Mellon Corporation TrusteeN/A Lead Market MakerVirtu Financial Options OptionableOptionable Options Volume4,172 Put Options814 Call Options3,358 Short Interest2,300,000 shs Miscellaneous Outstanding Shares11,320,000Beta-3.24 Creation Unit50,000 Creation Fee$250.00 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? 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Direxion Daily S&P Biotech Bear 3x Shares ExpensesTypeLABDHealth Care ETFsEquity ETFsNYSEARCA ETFsAll ETFsManagement Fee0.75%0.56%0.54%0.51%0.51%Other Expenses0.26%0.40%0.54%0.64%0.58%Total Expense1.01%0.72%0.70%0.74%0.70%Fee Waiver-0.01%-0.53%-0.55%-0.68%-0.57%Net Expense1.00%0.60%0.60%0.58%0.58% Direxion Daily S&P Biotech Bear 3x Shares (LABD) HoldingsTop 10 LABD HoldingsDREYFUS GOVT CASH MAN INSHolding Weight: 39.85%GOLDMAN FINL SQ TRSRY INST 506Holding Weight: 39.85%GOLDMAN SACHS FIN GOV 465 INSTITUTHolding Weight: 7.73%DREYFUS TRSRY SECURITIES CASH MGMTHolding Weight: 7.70%S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAPHolding Weight: -27.04%S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAPHolding Weight: -37.58%S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAPHolding Weight: -38.52%S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAPHolding Weight: -39.95%S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAPHolding Weight: -45.25%S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAPHolding Weight: -111.66%Full Holdings Details Similar ETFsSimplify Propel Opportunities ETFNYSEARCA:SURIProShares Ultra Nasdaq BiotechnologyNASDAQ:BIBProShares Ultra Health CareNYSEARCA:RXLALPS Medical Breakthroughs ETFNYSEARCA:SBIOSPDR S&P Health Care Services ETFNYSEARCA:XHSInstitutional OwnershipAI Squared Management LtdBought 189,750 shares on 5/10/2024Ownership: 1.592%Headlands Technologies LLCBought 16,082 shares on 5/8/2024Ownership: 0.238%Virtu Financial LLCBought 29,033 shares on 2/26/2024Ownership: 10.240%View All Institutional Transactions LABD ETF - Frequently Asked Questions How have LABD shares performed in 2024? Direxion Daily S&P Biotech Bear 3x Shares' stock was trading at $9.69 at the start of the year. Since then, LABD shares have decreased by 18.0% and is now trading at $7.95. View the best growth stocks for 2024 here. What does LABD invest in? Direxion Daily S&P Biotech Bear 3x Shares is a equity fund issued by Direxion. LABD focuses on health care investments and follows the S&P Biotechnology Select Industry Index. The fund's investments total to approximately $125.72 million assets under management. What is the management fee for Direxion Daily S&P Biotech Bear 3x Shares? Direxion Daily S&P Biotech Bear 3x Shares' management fee is 0.75% and has other expenses of 0.26%. However, LABD has a fee waiver of -0.01% to reimburse the expenses. The net expense ratio for LABD is 1.00%. When did Direxion Daily S&P Biotech Bear 3x Shares' stock split? Direxion Daily S&P Biotech Bear 3x Shares shares reverse split before market open on Friday, August 28th 2020. The 1-20 reverse split was announced on Monday, July 27th 2020. The number of shares owned by shareholders was adjusted after the market closes on Thursday, August 27th 2020. 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 Bear 3x Shares own? Based on aggregate information from My MarketBeat watchlists, some companies that other Direxion Daily S&P Biotech Bear 3x Shares investors own include Direxion Daily S&P Biotech Bull 3x Shares (LABU), Micron Technology (MU), Intel (INTC), Gilead Sciences (GILD), Inovio Pharmaceuticals (INO), NVIDIA (NVDA), Pfizer (PFE), Direxion Daily Semiconductors Bull 3x Shares (SOXL) and ProShares UltraPro Short QQQ (SQQQ). Who are Direxion Daily S&P Biotech Bear 3x Shares' major shareholders? Direxion Daily S&P Biotech Bear 3x Shares' stock is owned by many different institutional and retail investors. Top institutional shareholders include AI Squared Management Ltd (1.59%) and Headlands Technologies LLC (0.24%). How do I buy shares of Direxion Daily S&P Biotech Bear 3x Shares? Shares of LABD 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:LABD) was last updated on 5/19/2024 by MarketBeat.com Staff From Our PartnersCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill Publishing[URGENT] DO NOT Touch These AI Stocks!Weiss RatingsForget Bitcoin: This $8 Stock Is the Next Big ThingBehind the MarketsShocking $16T Elon Musk Crypto LeakCrypto 101 MediaDems have chosen Biden replacement?Paradigm PressExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersPOTUS in ‘25 Not Biden/Trump, ButThe Freeport Society41 banks launch ‘crypto dollar’Stansberry Research Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Direxion Daily S&P Biotech Bear 3x Shares Please log in to your account or sign up in order to add this asset to your watchlist. 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