Direxion Daily MSCI South Korea Bull 3X ETF (NYSEARCA:KORU – Get Free Report) shares gapped down prior to trading on Thursday. The stock had previously closed at $10.43, but opened at $8.92. Direxion Daily MSCI South Korea Bull 3X ETF shares last traded at $8.1840, with a volume of 30,690,527 shares.
Direxion Daily MSCI South Korea Bull 3X ETF Stock Up 5.8%
The firm’s fifty day moving average price is $17.10 and its 200-day moving average price is $24.15. The stock has a market cap of $688.58 million, a P/E ratio of 9.42 and a beta of 4.85.
Institutional Investors Weigh In On Direxion Daily MSCI South Korea Bull 3X ETF
A number of large investors have recently made changes to their positions in KORU. Farther Finance Advisors LLC raised its stake in Direxion Daily MSCI South Korea Bull 3X ETF by 1,900.0% in the third quarter. Farther Finance Advisors LLC now owns 1,520 shares of the company’s stock worth $30,000 after buying an additional 1,444 shares in the last quarter. Parallel Advisors LLC bought a new stake in shares of Direxion Daily MSCI South Korea Bull 3X ETF during the third quarter valued at approximately $36,000. Hoey Investments Inc. boosted its position in shares of Direxion Daily MSCI South Korea Bull 3X ETF by 2,271.4% during the third quarter. Hoey Investments Inc. now owns 4,150 shares of the company’s stock valued at $83,000 after purchasing an additional 3,975 shares in the last quarter. SBI Securities Co. Ltd. boosted its position in shares of Direxion Daily MSCI South Korea Bull 3X ETF by 1,696.2% during the third quarter. SBI Securities Co. Ltd. now owns 4,203 shares of the company’s stock valued at $84,000 after purchasing an additional 3,969 shares in the last quarter. Finally, Vestor Capital LLC purchased a new stake in Direxion Daily MSCI South Korea Bull 3X ETF in the third quarter worth $136,000.
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.
See Also
- Five stocks we like better than Direxion Daily MSCI South Korea Bull 3X ETF
- Astera Labs Just Crushed Earnings—So Why Are Analysts Cutting Price Targets?
- Sandisk Shares Are Oversold: Bargain or Value Trap?
- IonQ’s Record Revenue Includes a Big SkyWater Boost: Does That Change the Story?
- Airbnb Defied a Brutal Tech Sell-Off, But Can Its Post-Earnings Rally Last?
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.
