Free Trial
NYSEARCA:LABU

Direxion Daily S&P Biotech Bull 3x Shares (LABU) Price, Holdings, & News

Direxion Daily S&P Biotech Bull 3x Shares logo
$94.24 +4.45 (+4.96%)
(As of 12/20/2024 05:45 PM ET)

About Direxion Daily S&P Biotech Bull 3x Shares (NYSEARCA:LABU)

Key Stats

Today's Range
$88.40
$96.11
50-Day Range
$89.79
$146.96
52-Week Range
$80.41
$176.99
Volume
1.29 million shs
Average Volume
1.89 million shs
Market Capitalization
$981.98 million
Assets Under Management
$682.63 million
Dividend Yield
0.59%
Net Expense Ratio
0.96%
Aggregate Rating
Moderate Buy

ETF Overview

The Direxion Daily S&P Biotech Bull 3X Shares (LABU) is an exchange-traded fund that is based on the S&P Biotechnology Select Industry index. The fund provides daily 3 times exposure to the S&P Biotechnology Select Industry Index. LABU was launched on May 28, 2015 and is managed by Direxion.

Direxion Daily S&P Biotech Bull 3x Shares Expenses

TypeLABUHealth Care ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.57%0.55%0.51%0.52%
Other Expenses0.21%0.30%0.49%0.57%0.53%
Total Expense0.96%0.70%0.71%0.73%0.71%
Fee Waiver0.00%-0.45%-0.51%-0.67%-0.56%
Net Expense0.96%0.61%0.61%0.58%0.59%
Receive LABU Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Direxion Daily S&P Biotech Bull 3x Shares and its competitors with MarketBeat's FREE daily newsletter.

LABU ETF News Headlines

ULTY: ~74% Trailing Yield, But Look Out Below
The #1 Coin for November 2024
Grayscale Investments just announced a new fund offering access to a HOT new DeFi coin… And thanks to this newly established trust, I believe this coin could skyrocket up to 150x+ in the next 30 days alone! I've compiled everything you need to know about this once-in-a-lifetime DeFi project into a brand-new comprehensive guide…
The 3 Best Leveraged ETFs for April 2024
See More Headlines

LABU ETF - Frequently Asked Questions

Direxion Daily S&P Biotech Bull 3x Shares' stock was trading at $121.97 at the start of the year. Since then, LABU stock has decreased by 22.7% and is now trading at $94.24.
View the best growth stocks for 2024 here
.

Direxion Daily S&P Biotech Bull 3x Shares shares reverse split on Monday, December 4th 2023. The 1-20 reverse split was announced on Monday, December 4th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Monday, December 4th 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

Direxion Daily S&P Biotech Bull 3x Shares' top institutional shareholders include Tidal Investments LLC (0.67%), Jane Street Group LLC, TB Alternative Assets Ltd. (0.40%) and Wolverine Trading LLC.

Shares of LABU 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 S&P Biotech Bull 3x Shares investors own include Micron Technology (MU), Tesla (TSLA), NVIDIA (NVDA), Meta Platforms (META), AT&T (T), Direxion Daily Semiconductors Bull 3x Shares (SOXL) and Advanced Micro Devices (AMD).

Fund Details

Issuer
Direxion
Fund Name
Direxion Daily S&P Biotech Bull 3x Shares
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:LABU
Inception Date
5/28/2015
Fund Manager
Paul Brigandi, Tony Ng
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
S&P Biotechnology Select Industry Index
Category
Sector
Focus
Health Care
Development Level
Developed Markets
Region
North America
Number of Holdings
169

Fund Statistics

Assets Under Management
$682.63 million
Average Daily Volume
$1.19 million
Discount/Premium
0.22%
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
8,327
Put Options
3,322
Call Options
5,005
Short Interest
702,800 shs

Miscellaneous

Beta
3.31
Creation Unit
50,000
Creation Fee
$250.00
The Best High-Yield Dividend Stocks for 2024 Cover

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report

Top 10 LABU Holdings

  • S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP
    Holding Weight: 61.62%
  • S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP
    Holding Weight: 43.60%
  • S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP
    Holding Weight: 35.50%
  • S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP
    Holding Weight: 29.31%
  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 28.83%
  • S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP
    Holding Weight: 26.76%
  • S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP
    Holding Weight: 24.20%
  • S&P BIOTECHNOLOGY SELECT INDUSTRY INDEX SWAP
    Holding Weight: 18.73%
  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 9.93%
  • Natera (NASDAQ:NTRA)
    Holding Weight: 2.04%

LABU Sector Exposure

LABU Industry Exposure


This page (NYSEARCA:LABU) was last updated on 12/22/2024 by MarketBeat.com Staff
From Our Partners