Direxion Daily MSCI South Korea Bull 3x Shares (NYSEARCA:KORU – Get Free Report) saw strong trading volume on Wednesday . 25,395,184 shares were traded during trading, an increase of 20% from the previous session’s volume of 21,098,660 shares.The stock last traded at $19.26 and had previously closed at $17.84.
Direxion Daily MSCI South Korea Bull 3x Shares Stock Performance
The firm has a market capitalization of $1.60 billion, a PE ratio of 9.42 and a beta of 4.51. The stock has a fifty day moving average price of $27.57 and a 200-day moving average price of $27.42.
Hedge Funds Weigh In On Direxion Daily MSCI South Korea Bull 3x Shares
A number of large investors have recently added to or reduced their stakes in KORU. Farther Finance Advisors LLC bought a new stake in shares of Direxion Daily MSCI South Korea Bull 3x Shares in the 4th quarter valued at about $34,000. Hoey Investments Inc. bought a new position in shares of Direxion Daily MSCI South Korea Bull 3x Shares during the 1st quarter worth approximately $43,000. Tucker Asset Management LLC purchased a new stake in Direxion Daily MSCI South Korea Bull 3x Shares during the fourth quarter valued at approximately $47,000. Group One Trading LLC boosted its stake in Direxion Daily MSCI South Korea Bull 3x Shares by 263.9% in the second quarter. Group One Trading LLC now owns 2,558 shares of the company’s stock valued at $207,000 after acquiring an additional 1,855 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in Direxion Daily MSCI South Korea Bull 3x Shares in the second quarter valued at approximately $1,893,000.
Direxion Daily MSCI South Korea Bull 3x Shares 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.
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