Oil’s Iran Cliffhanger: What To Know And What To Expect
- Analysis
- Barani Krishnan
- 3
As of April 6, 2020, Direxion Shares ETF Trust - Direxion Daily Regional Banks Bear 3X Shares has gone out of business. Direxion Shares ETF Trust - Direxion Daily Regional Banks Bear 3X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. The fund invests in public equity markets of the United States. The fund invests through derivatives and through other funds in stocks of companies operating across financials, banks, regional banks sectors. It employs short strategy and uses derivatives such as futures, swaps to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track -3x the daily performance of the S&P Regional Banks Select Industry Index. Direxion Shares ETF Trust - Direxion Daily Regional Banks Bear 3X Shares was formed on August 19, 2015 and is domiciled in the United States.