NYSEARCA:CWEB

Direxion Daily CSI China Internet Index Bull 2x Shares (CWEB) Price, Holdings, & News

$35.50
+1.83 (+5.44%)
(As of 04/26/2024 ET)
Today's Range
$34.97
$36.07
50-Day Range
$26.65
$35.50
52-Week Range
$23.20
$49.71
Volume
779,289 shs
Average Volume
688,363 shs
Market Capitalization
$396.54 million
Assets Under Management
$362.60 million
Dividend Yield
3.35%
Net Expense Ratio
1.32%

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.

CWEB Stock Price History

CWEB ETF News Headlines

China ETFs Continue to Tumble Amid Economic Woes
My top 100 stocks…
We recently ran an internal audit of every trade recommendation I’ve published across all my services… And let me tell ya, we found some incredible insights… For starters, we found about 100 stocks I trade really, really well.
CWEB: Stay Far Away (For Now)
CWEB: China's Internet Play Is Taking A Beating
My top 100 stocks…
We recently ran an internal audit of every trade recommendation I’ve published across all my services… And let me tell ya, we found some incredible insights… For starters, we found about 100 stocks I trade really, really well.
See More Headlines
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Fund Details

Issuer
Direxion
Fund Name
Direxion Daily CSI China Internet Index Bull 2x Shares
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:CWEB
Inception Date
11/2/2016
Fund Manager
Paul Brigandi, Tony Ng
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
CSI Overseas China Internet Index
Category
Strategy
Focus
Theme
Development Level
Emerging Markets
Region
Asia-Pacific
Number of Holdings
20

Fund Statistics

Assets Under Management
$362.60 million
Average Daily Volume
$352,053.40
Discount/Premium
0.02%
Leveraged
2.00

Administrator, Advisor and Custodian

Administrator
U.S. Bancorp Fund Services, LLC
Advisor
Rafferty Asset Management, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Foreside Fund Services, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
386
Put Options
13
Call Options
373
Short Interest
403,100 shs

Miscellaneous

Beta
1.09
Creation Unit
50,000
Creation Fee
$250.00
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Direxion Daily CSI China Internet Index Bull 2x Shares Expenses

TypeCWEBTheme ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.75%0.57%0.54%0.50%0.51%
Other Expenses0.57%0.72%0.54%0.64%0.58%
Total Expense1.32%0.72%0.70%0.74%0.70%
Fee Waiver0.00%-0.76%-0.55%-0.68%-0.57%
Net Expense1.32%0.59%0.60%0.58%0.58%

Direxion Daily CSI China Internet Index Bull 2x Shares (CWEB) Holdings & Exposure

Top 9 CWEB Holdings

  • KraneShares CSI China Internet ETF(NYSEARCA:KWEB)
    Holding Weight: 50.00%
  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 36.74%
  • KRANESHARES CSI CHINA INTERNET ETF SWAP
    Holding Weight: 33.77%
  • KRANESHARES CSI CHINA INTERNET ETF SWAP
    Holding Weight: 32.69%
  • KRANESHARES CSI CHINA INTERNET ETF SWAP
    Holding Weight: 32.02%
  • KRANESHARES CSI CHINA INTERNET ETF SWAP
    Holding Weight: 27.72%
  • KRANESHARES CSI CHINA INTERNET ETF SWAP
    Holding Weight: 23.81%
  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 11.91%
  • DREYFUS TRSRY SECURITIES CASH MGMT
    Holding Weight: 5.32%

CWEB Sector Exposure

CWEB Industry Exposure


CWEB ETF - Frequently Asked Questions

How have CWEB shares performed in 2024?

Direxion Daily CSI China Internet Index Bull 2x Shares' stock was trading at $33.32 at the beginning of 2024. Since then, CWEB stock has increased by 6.5% and is now trading at $35.50.
View the best growth stocks for 2024 here
.

What does CWEB invest in?

Direxion Daily CSI China Internet Index Bull 2x Shares is a equity fund issued by Direxion. CWEB focuses on theme investments and follows the CSI Overseas China Internet Index. The fund's investments total to approximately $362.60 million assets under management.

What is the management fee for Direxion Daily CSI China Internet Index Bull 2x Shares?

Direxion Daily CSI China Internet Index Bull 2x Shares' management fee is 0.75% and has other expenses of 0.57%. The net expense ratio for CWEB is 1.32%.

When did Direxion Daily CSI China Internet Index Bull 2x Shares' stock split?

Direxion Daily CSI China Internet Index Bull 2x Shares's stock reverse split before market open on Tuesday, May 31st 2022. The 1-10 reverse split was announced on Tuesday, May 31st 2022. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, May 31st 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What other stocks do shareholders of Direxion Daily CSI China Internet Index Bull 2x Shares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Direxion Daily CSI China Internet Index Bull 2x Shares investors own include Alibaba Group (BABA), Tilray (TLRY), Emerald Health Therapeutics (EMHTF), KushCo (KSHB), NVIDIA (NVDA), Direxion Daily FTSE China Bull 3X Shares (YINN), Baidu (BIDU), Corbus Pharmaceuticals (CRBP) and Kroger (KR).

Who are Direxion Daily CSI China Internet Index Bull 2x Shares' major shareholders?

Direxion Daily CSI China Internet Index Bull 2x Shares' stock is owned by a number of institutional and retail investors. Top institutional shareholders include IMC Chicago LLC (0.56%), Simplex Trading LLC (0.18%), Aurora Private Wealth Inc. (0.06%) and Banque Cantonale Vaudoise (0.03%).

How do I buy shares of Direxion Daily CSI China Internet Index Bull 2x Shares?

Shares of CWEB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:CWEB) was last updated on 4/27/2024 by MarketBeat.com Staff

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