MutualFundWire.com: Direxion Splits Shares on 16 ETFs
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Monday, March 4, 2013

Direxion Splits Shares on 16 ETFs


Direxion [profile] plans to split shares on a total of 16 triple-exposure ETFs—eight regular and eight reverse split, according to IndexUniverse.

Among the splits, effective on April 2 to shareholders of record as of the close on April 1, is a 1-for-5 reverse split on the Direxion Daily Emerging Markets Bear 3X Shares and a 3-for-1 regular split on its long sibling, the Direxion Daily Emerging Markets Bull 3X Shares.

Read more about all of the share splits in IndexUniverse.


Printed from: MFWire.com/story.asp?s=43162

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