Direxion Daily Mid Cap Bear 3x Shares ETF(MIDZ)- NYSEARCA
  • Apr. 21, 2015, 11:37 AM
    • In the case of eight of the leveraged funds, the share prices have gotten too cheap and reverse splits are necessary: BRZU, YANG, GASL, MIDZ, LBJ, RUSS, SOXS, TECS. The first three ETFs are slated for 1:10 reverse splits, and the last five 1:4.
    • For the other 11 leveraged funds, the share prices have gotten too pricey: MIDU, INDL, CURE, RETL, SOXL, FAS, TECL, SPUU, MDLL, SMLL, SYTL. All are 4:1 splits, except SYTL which is 2:1.
    • All will begin trading on a post-split basis on May 20.
    | Apr. 21, 2015, 11:37 AM | 3 Comments
  • May 16, 2014, 10:57 AM
    | May 16, 2014, 10:57 AM | 8 Comments
  • Mar. 4, 2013, 8:53 AM

    Direxion Shares sets splits - regular or reverse, as necessary - on 16 triple-leveraged ETFs to put each fund's price at "a level more attractive to investors following several months of rallying equities market(s)." Those affected: ERY, YANG, EDZ, TECS, NUGT, FAZ, TZA, MIDZ, FAS, RETL, EDC, SPXL, DRN, LBJ, TYD, TNA.

    | Mar. 4, 2013, 8:53 AM
  • Jun. 25, 2012, 8:22 AM
    Direxion changes the benchmark indices tracked by several of its funds (along with some symbols and names), effective June 29. BGU, BGZ, MWJ, MWN, THY, TYP, ERX, and ERY will go from tracking Russell indexes to those from S&P. All symbol, name, and index changes here.
    | Jun. 25, 2012, 8:22 AM
MIDZ Description
The Daily Mid Cap Bear 3x Shares ETF seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the price performance of the S&P Mid Cap 400® Index. There is no guarantee the fund will meet its stated investment objective.
See more details on sponsor's website
Country: United States
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