Direxion Daily Pharmaceutical & Medical Bull 3X Shares (P:PILL)
Business Focus: N/A
Nov 15, 2017 09:00 am ET
Direxion Launches 3X Leveraged ETF on Pharmaceuticals
NEW YORK, Nov. 15, 2017 /PRNewswire/ -- Direxion has launched the Direxion Daily Pharmaceutical Bull 3X Shares (Ticker: PILL). The Fund seeks to achieve 300% of the daily performance of the Dynamic Pharmaceutical Intellidex Index. The index provides exposure to 30 U.S pharmaceutical companies principally engaged in the research, development, manufacture, sale or distribution of pharmaceuticals and drugs of all types.
Feb 28, 2017 05:22 pm ET
Rafferty Asset Management Closing Three ETFs
NEW YORK, Feb. 28, 2017 /PRNewswire/ -- The Board of Trustees of the Direxion Shares ETF Trust has decided to liquidate and close the Direxion Daily Cyber Security & IT Bear 2X Shares (Ticker: HAKD), Direxion Daily Pharmaceutical & Medical Bull 2X Shares (Ticker: PILL) and Direxion Daily Pharmaceutical & Medical Bear 2X Shares (Ticker: PILS) (each a "Fund" and collectively the "Funds") based on the recommendation of Rafferty Asset Management, LLC, the Trust's advisor.
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