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ETF
Direxion Shares ETF Trust - Direxion Daily Technology Bear 3X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. It invests in public equity markets of the United States. It invests through derivatives and through other funds in stocks of companies operating across information technology sectors. The fund employs short strategy and uses derivatives such as futures, swaps to create its portfolio. It invests in growth and value stocks of large-cap companies. The fund seeks to track -3x the daily performance of the Technology Select Sector Index. Direxion Shares ETF Trust - Direxion Daily Technology Bear 3X Shares was formed on December 17, 2008 and is domiciled in the United States.
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