Direxion Announces A Number Of Reverse Splits For Its Leveraged ETFs

share splits
ETF issuer Direxion announced it will complete reverse splits for a number of its leveraged funds this spring, including a couple of very popular gold mining ETFs.
NYSE:JNUG March 1, 2017 10:24am

Barclays Bank PLC Announces Reverse Split Of The iPath S&P 500 VIX Short-Term Futures ETN (VXX)

barclaysBarclays today announced today that it will implement a 1 for 4 reverse split of its iPath® S&P 500 VIX Short-Term FuturesTM Exchange Traded Notes (the “ETNs”) effective Friday, November 8, 2013. The ETNs trade on the NYSE Arca stock exchange under
NYSE:VXX October 28, 2013 12:26pm

The Rise and Demise Of The Natural Gas ETF (UNG)

Jared Cummans: The United States Natural Gas Fund (NYSEARCA:UNG) has long been one of the most popular ETFs on the market. Known for its hefty volatility,
NYSE:UNG September 22, 2012 4:24pm

The U.S. Natural Gas ETF Executes A 2-1 Reverse Split Today (UNG)

Investors wondering what happened to the price of the U.S. Natural Gas ETF (NYSE:UNG) today, may not have known about it's reverse split scheduled for today.  Well, the United States Natural
NYSE:UNG March 9, 2011 11:17am

United States Natural Gas Fund (UNG) Announces Reverse Split

The United States Natural Gas Fund (NYSE:UNG) announced that the fund will undergo a reverse split on March 9. 2011. In the reverse split, each 2.0 outstanding shares of the Fund will be will be
NYSE:UNG February 28, 2011 11:29am

Barclays Announces Reverse Split of iPath® S&P 500 VIX Short-Term Futures ETN (VXX)

Barclays Bank PLC announced today that it will implement a 1 for 4 reverse split of its iPath® S&P 500 VIX Short-Term FuturesTM Exchange Traded Notes (the “Notes”) effective Tuesday
NYSE:VXX October 26, 2010 10:59pm

A Reverse Split For 4 Of Direxion’s 3X ETFs Goes Into Effect (ERY, TZA, DRV, TYP)

Four of Direxion's 3X ETFs executed a 1-for-5 reverse split today, in the shares of the Direxion Daily Energy Bear 3x Shares (NYSE:ERY), Direxion Daily Real Estate Bear 3x Shares (NYSE:DRV)
ETF BASIC NEWS July 8, 2010 1:48pm

Direxion Shares Announces Reverse Share Split of ETF

direxionDirexion , a pioneer in providing alternative and tactically-oriented investment strategies to sophisticated investors, announced today that it will execute a 1-for-10 reverse split
ETF BASIC NEWS February 27, 2010 12:30pm

The Reverse Split In ETF’s (FAS & FAZ) May Reduce The Market’s Volume By 5%

reverse-splitA Reverse split took place today for two of Direxion's most popular leveraged ETF's.  FAZ which seeks 300% of the inverse daily performance of the Russell 1000 Financial Services Index executed a 1:10 reverse split.  And, FAS which seeks 300% of the daily performance of the Russell 1000 Financial Services Index executed a 1:5 reverse split.
ETF BASIC NEWS July 9, 2009 10:52am

Direxion To Reverse Split FAZ/FAS

breakingnewsNewton, MA – July 6, 2009 - Direxion, a pioneer in providing alternative investment strategies to sophisticated investors, announced today that it will execute a 1-for-5 reverse split of the shares of the Direxion Daily Financial Bull 3x Shares (FAS) and a 1-for-10 reverse split of the shares of the Direxion Daily Financial Bear 3x Shares (FAZ) after the closing of the markets on Wednesday July 8, 2009. FAS and FAZ shares will begin trading on NYSE Arca, Inc. (NYSE Arca) on a split-adjusted basis on
ETF BASIC NEWS July 7, 2009 9:50am

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