Direxion Daily MSCI South Korea Bull 3X ETF (NYSEARCA:KORU – Get Free Report) shares rose 5.8% during mid-day trading on Wednesday . The stock traded as high as $19.62 and last traded at $19.6880. 9,190,254 shares changed hands during trading, a decline of 57% from the average daily volume of 21,158,686 shares. The stock had previously closed at $18.60.
Direxion Daily MSCI South Korea Bull 3X ETF Price Performance
The company has a market cap of $1.61 billion, a P/E ratio of 9.42 and a beta of 4.58. The stock has a 50-day moving average of $20.18 and a 200 day moving average of $27.42.
Institutional Investors Weigh In On Direxion Daily MSCI South Korea Bull 3X ETF
Large investors have recently bought and sold shares of the company. NWI Management LP acquired a new position in shares of Direxion Daily MSCI South Korea Bull 3X ETF in the 1st quarter valued at approximately $3,566,000. Hoey Investments Inc. acquired a new stake in shares of Direxion Daily MSCI South Korea Bull 3X ETF during the 1st quarter worth approximately $43,000. Finally, Tucker Asset Management LLC acquired a new stake in shares of Direxion Daily MSCI South Korea Bull 3X ETF during the 4th quarter worth approximately $47,000.
Direxion Daily MSCI South Korea Bull 3X ETF 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.
Further Reading
- Five stocks we like better than Direxion Daily MSCI South Korea Bull 3X ETF
- Qualcomm’s Discount Could Vanish If Its AI Bet Pays Off
- Micron’s AI Memory Boom Could Send Shares 100% Higher
- Apple Stock Surges After Its Biggest Product Launch in Years—Can It Last?
- The Ultimate Cyber Shield: CrowdStrike Rises Past $235
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.
