Direxion Daily MSCI South Korea Bull 3x Shares (NYSEARCA:KORU – Get Free Report)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $17.21, but opened at $14.31. Direxion Daily MSCI South Korea Bull 3x Shares shares last traded at $13.90, with a volume of 23,125,535 shares changing hands.
Direxion Daily MSCI South Korea Bull 3x Shares Price Performance
The firm has a 50-day simple moving average of $36.68 and a 200-day simple moving average of $27.01. The firm has a market capitalization of $1.12 billion, a PE ratio of 9.42 and a beta of 4.43.
Institutional Trading of Direxion Daily MSCI South Korea Bull 3x Shares
Several large investors have recently added to or reduced their stakes in the business. Hoey Investments Inc. bought a new position in Direxion Daily MSCI South Korea Bull 3x Shares in the first quarter worth approximately $43,000. Farther Finance Advisors LLC bought a new position in Direxion Daily MSCI South Korea Bull 3x Shares in the 4th quarter worth $34,000. Tucker Asset Management LLC bought a new position in Direxion Daily MSCI South Korea Bull 3x Shares in the 4th quarter worth $47,000. Group One Trading LLC lifted its position in Direxion Daily MSCI South Korea Bull 3x Shares by 263.9% during the second quarter. Group One Trading LLC now owns 2,558 shares of the company’s stock valued at $207,000 after purchasing an additional 1,855 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in Direxion Daily MSCI South Korea Bull 3x Shares in the fourth quarter worth about $1,039,000.
Direxion Daily MSCI South Korea Bull 3x Shares Company Profile
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.
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