Direxion Daily MSCI South Korea Bull 3X ETF (NYSEARCA:KORU – Get Free Report)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $18.28, but opened at $20.16. Direxion Daily MSCI South Korea Bull 3X ETF shares last traded at $20.2630, with a volume of 10,622,171 shares.
Direxion Daily MSCI South Korea Bull 3X ETF Price Performance
The business has a 50-day simple moving average of $19.99 and a 200 day simple moving average of $27.33. The firm has a market cap of $1.69 billion, a PE ratio of 9.42 and a beta of 4.58.
Institutional Investors Weigh In On Direxion Daily MSCI South Korea Bull 3X ETF
Institutional investors and hedge funds have recently modified their holdings of the stock. NWI Management LP purchased a new position in shares of Direxion Daily MSCI South Korea Bull 3X ETF in the first quarter worth $3,566,000. Tucker Asset Management LLC purchased a new position in Direxion Daily MSCI South Korea Bull 3X ETF during the fourth quarter valued at $47,000. Finally, Hoey Investments Inc. bought a new stake in Direxion Daily MSCI South Korea Bull 3X ETF in the 1st quarter valued at $43,000.
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.
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