Direxion Daily S&P Biotech Bull 3X ETF (LABU) Declines 5.42% for Jul 16

July 16, 2018 - By Megan Stone

Jul 16 is a negative day so far for Direxion Daily S&P Biotech Bull 3X ETF (NYSEARCA:LABU) as the ETF is active during the day after losing 5.42% to hit $105.17 per share. The exchange traded fund has 380.74 million net assets and 6.66% volatility this month.

Over the course of the day 571,077 shares traded hands, as compared to an average volume of 1.42M over the last 30 days for Direxion Daily S&P Biotech Bull 3X ETF (NYSEARCA:LABU).

The ETF is -22.81% of its 52-Week High and 117.71% of its low, and is currently having ATR of 5.57. This year’s performance is 15.56% while this quarter’s performance is 5.76%.

The ETF’s YTD performance is 21.97%, the 1 year is 50.88% and the 3 year is -20.71%.

The ETF’s average P/E ratio is 19.75, the price to book is 4.5, the price to sales is 5.64 and the price to cashflow is 12.26. It was started on 5/28/2015. The fund’s top holdings are: Morgan Stanley Ilf/Treas/ for 0.00% of assets. The ETF sector weights are: Basic Materials 0.00%, Consumer Cyclical 0.00%, Financial Services 0.00%, Realestate 0.00%, Consumer Defensive 0.00%, Healthcare 100.00%, Utilities 0.00%, Communication Services 0.00%, Energy 0.00%, Industrials 0.00%, Technology 0.00%. The ETF currently as 0.18% yield.

Another recent and important Direxion Daily S&P Biotech Bull 3X ETF (NYSEARCA:LABU) news was published by Etftrends.com which published an article titled: “Pharma, Biotech Bull ETFs Leading the Charge” on July 12, 2018.

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