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NYSEARCA:FAS

Direxion Daily Financial Bull 3X Shares (FAS) Price, Holdings, & News

Direxion Daily Financial Bull 3X Shares logo
$167.66 +2.39 (+1.45%)
(As of 11/15/2024 ET)

About Direxion Daily Financial Bull 3X Shares (NYSEARCA:FAS)

Key Stats

Today's Range
$164.79
$168.88
50-Day Range
$120.97
$168.11
52-Week Range
$65.22
$170.57
Volume
451,343 shs
Average Volume
666,297 shs
Market Capitalization
$2.77 billion
Assets Under Management
$2.73 billion
Dividend Yield
0.79%
Net Expense Ratio
0.94%
Aggregate Rating
Moderate Buy

ETF Overview

Direxion Daily Financial Bull 3x Shares seeks daily investment results of 300% of the price performance of the Russell 1000 Financial Services Index (the Index). The Index is a subset of the Russell 1000 Index that measures the performance of the securities classified in the financial services sector of the large cap United States equity market. The Fund invests in sectors, such as banks, diversified financial services, real estate investment trust, financial data and systems, asset management and custodian, securities brokerage and services, and consumer lending. The Fund invests 80% of its net assets in futures contracts; indices and futures contracts; equity caps, collars and floors; swap agreements, forward contracts; short positions; reverse repurchase agreements; exchanges traded funds and other financial instruments. The Fund’s adviser is Rafferty Asset Management, LLC.

Direxion Daily Financial Bull 3X Shares Expenses

TypeFASFinancials ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.51%0.55%0.51%0.52%
Other Expenses0.19%1.53%0.49%0.57%0.53%
Total Expense0.94%1.22%0.71%0.73%0.71%
Fee Waiver0.00%-0.48%-0.52%-0.67%-0.57%
Net Expense0.94%1.12%0.61%0.58%0.59%
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FAS ETF News Headlines

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FAS ETF - Frequently Asked Questions

Direxion Daily Financial Bull 3X Shares' stock was trading at $82.65 at the start of the year. Since then, FAS stock has increased by 102.9% and is now trading at $167.66.
View the best growth stocks for 2024 here
.

Top institutional investors of Direxion Daily Financial Bull 3X Shares include Wolverine Trading LLC, Jane Street Group LLC, Capital Investment Advisors LLC (0.11%) and IMC Chicago LLC (0.09%).
View institutional ownership trends
.

Shares of FAS 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Direxion Daily Financial Bull 3X Shares investors own include Meta Platforms (META), Tesla (TSLA), NVIDIA (NVDA), Advanced Micro Devices (AMD), Netflix (NFLX), JPMorgan Chase & Co. (JPM) and SPDR S&P 500 ETF Trust (SPY).

Fund Details

Issuer
Direxion
Fund Name
Direxion Daily Financial Bull 3X Shares
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:FAS
Inception Date
11/6/2008
Fund Manager
Paul Brigandi, Tony Ng
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
Financials Select Sector Index
Category
Sector
Focus
Financials
Development Level
Developed Markets
Region
North America
Number of Holdings
93

Fund Statistics

Assets Under Management
$2.73 billion
Average Daily Volume
$649,482.40
Discount/Premium
-0.12%
Leveraged
3.00

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
3,770
Put Options
1,408
Call Options
2,362
Short Interest
758,200 shs

Miscellaneous

Beta
3.12
Creation Unit
50,000
Creation Fee
$625.00
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Top 10 FAS Holdings

  • Financial Select Sector Index SWAP
    Holding Weight: 54.15%
  • FINANCIAL SELECT SECTOR INDEX SWAP
    Holding Weight: 37.90%
  • Financial Select Sector Index SWAP
    Holding Weight: 37.46%
  • FINANCIAL SELECT SECTOR INDEX SWAP
    Holding Weight: 27.63%
  • FINANCIAL SELECT SECTOR INDEX SWAP
    Holding Weight: 25.70%
  • FINANCIAL SELECT SECTOR INDEX SWAP
    Holding Weight: 20.69%
  • FINANCIAL SELECT SECTOR INDEX SWAP
    Holding Weight: 19.49%
  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 10.54%
  • DREYFUS TRSRY SECURITIES CASH MGMT
    Holding Weight: 9.96%
  • Berkshire Hathaway (NYSE:BRK.B)
    Holding Weight: 8.85%

FAS Sector Exposure

FAS Industry Exposure


This page (NYSEARCA:FAS) was last updated on 11/17/2024 by MarketBeat.com Staff
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