ETF Flows to Follow: Direxion Shares Exchange Traded Fund Trust Registered $-101.76M Redemptions Following -23.90% AUM Decrease

ETF Flows to Follow: Direxion Shares Exchange Traded Fund Trust Registered $ 101.76M Redemptions Following  23.90% AUM Decrease

Today were reported Direxion Shares Exchange Traded Fund Trust (NYSEARCA:DUST)‘s daily net flows. The ETF registered $-101.76M asset outflows for -23.90% decrease, reaching $324.03M after yestarday’s trading session. The chart of Direxion Shares Exchange Traded Fund Trust shows negative short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The stock decreased 5.28% or $2.51 during the last trading session, hitting $45. Direxion Shares Exchange Traded Fund Trust (NYSEARCA:DUST) has risen 150.00% since March 11, 2016 and is uptrending. It has outperformed by 144.54% the S&P500.

The ETF’s YTD performance is -95.92%, the 1 year is -97.3% and the 3 year is -72.96%.

Direxion Shares Exchange Traded Fund Trust is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001. The fund’s top holdings are: Ve Vectors Gld Miners for 116.93% of assets, Mkt Vectors Gld Miners Ix for 20.43%, Fidelity Institutional Go for 17.87%, Goldman Finl Sq Trsry Ins for 0.00%.

More recent Direxion Shares Exchange Traded Fund Trust (NYSEARCA:DUST) news were published by: Investorplace.com which released: “Use Direxion Shares Exchange Traded Fund Trust (NUGT) to Pounce on This Bounce” on October 07, 2016. Also Investorplace.com published the news titled: “The Direxion Shares Exchange Traded Fund Trust (DUST) Is Flying!” on October 04, 2016. Profitconfidential.com‘s news article titled: “Triple-Digit Upside for Direxion Shares Exchange Traded Fund Trust?” with publication date: August 23, 2016 was also an interesting one.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags:

Related posts

Leave a Comment