Direxion Daily Dow Jones Internet Bear 3x Shares (WEBS) Price, Holdings, & News

ETF Overview

The Direxion Daily Dow Jones Internet Bear 3X Shares (WEBS) is an exchange-traded fund that is based on the DJ Internet Composite index. The fund provides 3x daily inverse exposure to a market-cap-weighted index of the largest and most liquid U.S. Internet companies. WEBS was launched on Nov 7, 2019 and is managed by Direxion.

Key Stats

• Today's Range: $18.85 to $19.43
• 50-Day Range: $18.71 to $25.13
• 52-Week Range: $18.57 to $73.51
• Volume: 35,945 shs
• Average Volume: 72,728 shs
• Market Capitalization: $8.64 million
• Assets Under Management: $9.30 million
• Dividend Yield: 8.13%
• Net Expense Ratio: 1.08%
• Aggregate Rating: N/A

WEBS ETF - Frequently Asked Questions

How have WEBS shares performed this year?

Direxion Daily Dow Jones Internet Bear 3x Shares' stock was trading at $35.13 on January 1st, 2025. Since then, WEBS stock has decreased by 45.4% and is now trading at $19.1960.

When did Direxion Daily Dow Jones Internet Bear 3x Shares' stock split?

Direxion Daily Dow Jones Internet Bear 3x Shares's stock reverse split before market open on Monday, November 4th 2024.The 1-10 reverse split was announced on Friday, October 11th 2024. The number of shares owned by shareholders was adjusted after the market closes on Thursday, October 31st 2024. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

Who are Direxion Daily Dow Jones Internet Bear 3x Shares' major shareholders?

Top institutional shareholders of Direxion Daily Dow Jones Internet Bear 3x Shares include Tower Research Capital LLC TRC (10.74%).

How do I buy shares of Direxion Daily Dow Jones Internet Bear 3x Shares?

Shares of WEBS 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.

What other stocks do shareholders of Direxion Daily Dow Jones Internet Bear 3x Shares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Direxion Daily Dow Jones Internet Bear 3x Shares investors own include Direxion Daily Energy Bull 2x Shares (ERX), ProShares UltraPro Short QQQ (SQQQ), State Street (STT), Seagate Technology (STX), Constellation Brands (STZ), Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC) and Enviva (EVA).

Fund Details

• Issuer: Direxion
• Fund Name: Direxion Daily Dow Jones Internet Bear 3x Shares
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:WEBS
• Inception Date: 11/7/2019
• Fund Manager: Paul Brigandi, Tony Ng
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: Dow Jones Internet Composite Index
• Category: Size and Style
• Focus: Large Cap
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 13

Fund Statistics

• Assets Under Management: $9.30 million
• Average Daily Volume: $0.00
• Discount/Premium: -0.01%
• 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: IMC

Options

• Optionable: Optionable
• Options Volume: 3
• Put Options: 50
• Call Options: 3
• Short Interest: 35,100 shs

Miscellaneous

• Outstanding Shares: 450,000
• Beta: -2.85
• Creation Unit: 50,000
• Creation Fee: $250.00