Direxion Daily Technology Bull 3X Shares company info

What does Direxion Daily Technology Bull 3X Shares do?
Direxion Daily Technology Bull 3X Shares (NYSE:TECL) is an exchange-traded fund that primarily aims to deliver thrice the daily investment results, before fees and expenses, of the Technology Select Sector Index. This index involves some of the largest U.S.-based technology and electronics companies. Direxion Daily Technology Bull 3X Shares focuses on leveraging and magnifying the returns of the tech sector for investors looking for short-term gains linked to technology stocks' movements. The fund achieves this through derivatives and leveraging strategies, making it suitable for knowledgeable investors who understand the risks associated with leveraged investments. Its objectives include providing a tool for those looking to hedge against, or speculate on, daily movements within the technology sector.
Direxion Daily Technology Bull 3X Shares company media
Company Snapshot

Is Direxion Daily Technology Bull 3X Shares a public or private company?

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Ownership
Public

How many people does Direxion Daily Technology Bull 3X Shares employ?

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Employees
55

What sector is Direxion Daily Technology Bull 3X Shares in?

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Sector
ETF

Where is the head office for Direxion Daily Technology Bull 3X Shares?

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Head Office
New York, United States

What year was Direxion Daily Technology Bull 3X Shares founded?

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Year Founded
2008
What does Direxion Daily Technology Bull 3X Shares specialise in?
/Leveraged ETF /Equity Derivative /Tech Sector /Investment Management /Triple Exposure /Asset Allocation

What are the products and/or services of Direxion Daily Technology Bull 3X Shares?

Overview of Direxion Daily Technology Bull 3X Shares offerings
Leveraged ETFs designed to provide 3 times the daily investment results, before fees and expenses, of the Technology Select Sector Index.
Educational resources offering insights into leveraged and inverse ETFs.
Risk management tools and strategies for investors to mitigate potential losses in highly volatile markets.
Daily market commentary and analysis to keep investors informed on the latest trends in technology sectors.
Custom investment solutions for institutional investors seeking exposure to the technology sector with leverage.
Online trading platforms providing easy access to trade and manage investments in real-time.