Direxion Daily CSI China Internet Index Bull 2x Shares (CWEB) Price, Holdings, & News

ETF Overview

The Direxion Daily CSI China Internet Bull 2X Shares (CWEB) is an exchange-traded fund that is based on the CSI Overseas China Internet index. The fund provides 2x leveraged daily exposure to an index composed of overseas-listed Chinese internet companies. CWEB was launched on Nov 2, 2016 and is managed by Direxion.

Key Stats

• Today's Range: $34.44 to $35.24
• 50-Day Range: $25.96 to $58.40
• 52-Week Range: $23.20 to $59.31
• Volume: 340,651 shs
• Average Volume: 691,562 shs
• Market Capitalization: $372.64 million
• Assets Under Management: $325.10 million
• Dividend Yield: 2.46%
• Net Expense Ratio: 1.28%
• Aggregate Rating: N/A

CWEB ETF - Frequently Asked Questions

How have CWEB shares performed this year?

Direxion Daily CSI China Internet Index Bull 2x Shares' stock was trading at $33.32 on January 1st, 2024. Since then, CWEB shares have increased by 8.1% and is now trading at $36.02.
View the best growth stocks for 2024 here.

When did Direxion Daily CSI China Internet Index Bull 2x Shares' stock split?

Shares of Direxion Daily CSI China Internet Index Bull 2x Shares reverse split on Tuesday, May 31st 2022. The 1-10 reverse split was announced on Tuesday, May 31st 2022. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, May 31st 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Who are Direxion Daily CSI China Internet Index Bull 2x Shares' major shareholders?

Top institutional investors of Direxion Daily CSI China Internet Index Bull 2x Shares include Flow Traders U.S. LLC (0.74%), HighTower Advisors LLC (0.63%), Virtu Financial LLC (0.48%) and Wolverine Trading LLC.

How do I buy shares of Direxion Daily CSI China Internet Index Bull 2x Shares?

Shares of CWEB 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.

What other stocks do shareholders of Direxion Daily CSI China Internet Index Bull 2x Shares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Direxion Daily CSI China Internet Index Bull 2x Shares investors own include Cenovus Energy (CVE), Crescent Point Energy (CPG), NVIDIA (NVDA), Advanced Micro Devices (AMD), Alibaba Group (BABA), QUALCOMM (QCOM) and Block (SQ).

Fund Details

• Issuer: Direxion
• Fund Name: Direxion Daily CSI China Internet Index Bull 2x Shares
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:CWEB
• Inception Date: 11/2/2016
• Fund Manager: Paul Brigandi, Tony Ng
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: CSI Overseas China Internet Index
• Category: Strategy
• Focus: Theme
• Development Level: Emerging Markets
• Region: Asia-Pacific
• Number of Holdings: 21

Fund Statistics

• Assets Under Management: $314.30 million
• Average Daily Volume: $641,868.90
• Discount/Premium: 0.01%
• Leveraged: 2.00

Administrator, Advisor and Custodian

• Administrator: U.S. Bancorp Fund Services, LLC
• Advisor: Rafferty Asset Management, LLC
• Custodian: The Bank of New York Mellon Corporation
• Distributor: Foreside Fund Services, LLC
• Transfer Agent: The Bank of New York Mellon Corporation
• Trustee: N/A
• Lead Market Maker: Virtu Financial

Options

• Optionable: Optionable
• Options Volume: 421
• Put Options: 12
• Call Options: 409
• Short Interest: 637,100 shs

Miscellaneous

• Outstanding Shares: 10,770,000
• Beta: 2.69
• Creation Unit: 50,000
• Creation Fee: $250.00