Direxion Daily MSCI South Korea Bull 3X ETF (NYSEARCA:KORU – Get Free Report)’s share price was up 13.9% during trading on Wednesday. The stock traded as high as $13.36 and last traded at $13.5030. 14,630,376 shares were traded during trading, a decline of 34% from the average session volume of 22,263,510 shares. The stock had previously closed at $11.86.
Direxion Daily MSCI South Korea Bull 3X ETF Stock Up 13.6%
The stock has a market cap of $1.52 billion, a P/E ratio of 9.42 and a beta of 4.59. The stock has a fifty day simple moving average of $18.64 and a 200-day simple moving average of $24.25.
Institutional Trading of Direxion Daily MSCI South Korea Bull 3X ETF
Institutional investors have recently made changes to their positions in the business. 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 valued at $84,000 after acquiring an additional 3,969 shares during the last quarter. Capstone Capital Management Ltd bought a new position in shares of Direxion Daily MSCI South Korea Bull 3X ETF during the third quarter worth approximately $2,579,000. Millennium Capital Advisors LLC bought a new position in shares of Direxion Daily MSCI South Korea Bull 3X ETF in the third quarter worth $220,000. Farther Finance Advisors LLC lifted its holdings in shares of Direxion Daily MSCI South Korea Bull 3X ETF by 1,900.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,520 shares of the company’s stock worth $30,000 after acquiring an additional 1,444 shares during the period. Finally, NWI Management LP bought a new stake in shares of Direxion Daily MSCI South Korea Bull 3X ETF during the 1st quarter worth $3,566,000.
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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