Direxion Daily MSCI South Korea Bull 3x Shares (NYSEARCA:KORU – Get Free Report) traded up 6.8% during trading on Thursday . The stock traded as high as $890.00 and last traded at $792.00. Approximately 491,511 shares were traded during trading, a decline of 41% from the average session volume of 835,027 shares. The stock had previously closed at $741.28.
Direxion Daily MSCI South Korea Bull 3x Shares Trading Up 10.9%
The business has a 50 day moving average of $790.46 and a two-hundred day moving average of $483.10. The firm has a market cap of $2.37 billion, a P/E ratio of 9.42 and a beta of 4.38.
Hedge Funds Weigh In On Direxion Daily MSCI South Korea Bull 3x Shares
Several large investors have recently modified their holdings of the stock. Hoey Investments Inc. bought a new stake in shares of Direxion Daily MSCI South Korea Bull 3x Shares during the 1st quarter worth about $43,000. Farther Finance Advisors LLC acquired a new stake in Direxion Daily MSCI South Korea Bull 3x Shares during the fourth quarter worth approximately $34,000. Tucker Asset Management LLC acquired a new stake in Direxion Daily MSCI South Korea Bull 3x Shares during the fourth quarter worth approximately $47,000. Sovereign Financial Group Inc. boosted its holdings in shares of Direxion Daily MSCI South Korea Bull 3x Shares by 65.5% during the fourth quarter. Sovereign Financial Group Inc. now owns 4,068 shares of the company’s stock worth $739,000 after acquiring an additional 1,610 shares during the period. Finally, Group One Trading LLC boosted its holdings in shares of 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 worth $207,000 after acquiring an additional 1,855 shares during the period.
About Direxion Daily MSCI South Korea Bull 3x Shares
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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