Direxion Daily MSCI South Korea Bull 3X ETF (NYSEARCA:KORU – Get Free Report) shares gapped up prior to trading on Monday. The stock had previously closed at $10.63, but opened at $11.75. Direxion Daily MSCI South Korea Bull 3X ETF shares last traded at $11.5760, with a volume of 12,395,887 shares traded.
Direxion Daily MSCI South Korea Bull 3X ETF Stock Performance
The stock has a market cap of $1.20 billion, a P/E ratio of 9.42 and a beta of 4.59. The stock’s fifty day moving average is $18.23 and its 200 day moving average is $24.25.
Institutional Investors Weigh In On Direxion Daily MSCI South Korea Bull 3X ETF
Several hedge funds and other institutional investors have recently modified their holdings of KORU. Capstone Capital Management Ltd bought a new position in Direxion Daily MSCI South Korea Bull 3X ETF in the 3rd quarter worth about $2,579,000. NWI Management LP purchased a new stake in shares of Direxion Daily MSCI South Korea Bull 3X ETF in the first quarter valued at approximately $3,566,000. Millennium Capital Advisors LLC purchased a new stake in shares of Direxion Daily MSCI South Korea Bull 3X ETF in the third quarter valued at approximately $220,000. Hoey Investments Inc. grew its stake in Direxion Daily MSCI South Korea Bull 3X ETF by 2,271.4% in the third quarter. Hoey Investments Inc. now owns 4,150 shares of the company’s stock worth $83,000 after purchasing an additional 3,975 shares in the last quarter. Finally, SBI Securities Co. Ltd. lifted its stake in Direxion Daily MSCI South Korea Bull 3X ETF by 1,696.2% in the third quarter. SBI Securities Co. Ltd. now owns 4,203 shares of the company’s stock worth $84,000 after acquiring an additional 3,969 shares during the period.
About Direxion Daily MSCI South Korea Bull 3X ETF
The Direxion Daily South Korea Bull 3X Shares (KORU) is an exchange-traded fund that is based on the MSCI Korea 25-50 index. The fund provides 300% daily leveraged exposure to a market-cap-weighted index of large- and mid-cap South Korean companies. KORU was launched on Apr 11, 2013 and is managed by Direxion.
Read More
- Five stocks we like better than Direxion Daily MSCI South Korea Bull 3X ETF
- Alphabet’s $400 Billion Sell-Off Could Be the Best AI Buying Window Left in 2026
- 3 Tech Stocks Boosting Buyback Capacity in the Face of the Sector’s Recent Tumble
- Strategy Pauses Bitcoin Buys to Focus on Preferred Stock Buybacks
- Uranium Prices Are Near Historic Highs—So Why Hasn’t Cameco Followed?
Receive News & Ratings for Direxion Daily MSCI South Korea Bull 3X ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily MSCI South Korea Bull 3X ETF and related companies with MarketBeat.com's FREE daily email newsletter.
