Barclays PLC bought a new position in Direxion Daily CSI China Internet Index Bull 2x Shares (NYSEARCA:CWEB – Free Report) during the 3rd quarter, HoldingsChannel reports. The fund bought 1,400 shares of the company’s stock, valued at approximately $63,000.
Separately, HighTower Advisors LLC bought a new position in shares of Direxion Daily CSI China Internet Index Bull 2x Shares in the 3rd quarter valued at about $3,043,000.
Direxion Daily CSI China Internet Index Bull 2x Shares Stock Down 0.7 %
Shares of Direxion Daily CSI China Internet Index Bull 2x Shares stock opened at $29.69 on Friday. The stock has a market cap of $319.76 million, a PE ratio of 16.23 and a beta of 2.69. The business has a fifty day simple moving average of $35.04 and a 200 day simple moving average of $33.88. Direxion Daily CSI China Internet Index Bull 2x Shares has a 12 month low of $23.20 and a 12 month high of $59.31.
About Direxion Daily CSI China Internet Index Bull 2x Shares
The Direxion Daily CSI China Internet Bull 2X Shares (CWEB) is an exchange-traded fund that is based on the CSI Overseas China Internet index. The fund provides 2x leveraged daily exposure to an index composed of overseas-listed Chinese internet companies. CWEB was launched on Nov 2, 2016 and is managed by Direxion.
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