Direxion Daily Real Estate Bull 3X Shares (P:DRN)
Business Focus: N/A
Dec 30, 2021 04:20 pm ET
Direxion Changes Index for Financial and Real Estate ETFs
NEW YORK, Dec. 30, 2021 /PRNewswire/ -- Direxion announced it is changing the underlying index and investment objective of each of the Direxion Daily Financial Bull 3X Shares (Ticker: FAS), Direxion Daily Financial Bear 3X Shares (Ticker: FAZ), Direxion Daily MSCI Real Estate Bull 3X Shares (Ticker: DRV) and the Direxion Daily MSCI Real Estate Bear 3X Shares (Ticker: DRN). On or about February 28, 2022, each Fund's underlying index will change as shown in the table below:
Aug 23, 2016 09:25 pm ET
Reminder: Direxion to Execute Reverse and Forward Share Splits of Nine Leveraged ETFs
NEW YORK, Aug. 23, 2016 /PRNewswire/ -- Direxion will execute the previously announced reverse share splits for four of its leveraged exchange-traded funds ("ETFs"), as well as forward share splits for another five leveraged ETFs. The total market value of the shares outstanding will not be affected as a result of these splits, except with respect to the redemption of fractional shares, as outlined below.
Jul 26, 2016 06:52 pm ET
Direxion Announces Reverse and Forward Share Splits of Nine Leveraged ETFs
NEW YORK, July 26, 2016 /PRNewswire/ -- Direxion has announced it will execute reverse share splits for four of its leveraged exchange-traded funds ("ETFs"), as well as forward share splits for another five leveraged ETFs. The total market value of the shares outstanding will not be affected as a result of these splits, except with respect to the redemption of fractional shares, as outlined below.
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