tiprankstipranks

LABU ETF Price & Analysis

Compare

LABU ETF Chart & Stats

ETF Overview

Direxion Daily S&P Biotech Bull 3X Shares

The Direxion Daily S&P Biotech Bull 3X Shares, trading under the ticker LABU, is an exchange-traded fund (ETF) designed for investors with a high-risk tolerance seeking amplified exposure to the biotechnology sector within the broader health care industry. This leveraged ETF aims to deliver three times the daily performance of the S&P Biotechnology Select Industry Index, making it a potent tool for those looking to capitalize on short-term movements in the biotech market. Biotechnology, a niche characterized by rapid innovation and potential breakthroughs in medical treatments and pharmaceuticals, promises substantial growth opportunities alongside inherent volatility. LABU's aggressive strategy is tailored for sophisticated investors who are not only keen on the dynamic nature of biotech stocks but are also prepared to navigate the risks associated with leveraged investments. By focusing exclusively on biotechnology, LABU provides concentrated exposure to a sector at the forefront of scientific advancements and medical innovation. As such, it serves as a strategic addition for those aiming to optimize their investment portfolios with targeted sectoral exposure. However, potential investors should be aware of the ETF's leveraged nature, which can lead to significant gains as well as substantial losses, underscoring the importance of active management and timing in this high-stakes market environment.

Direxion Daily S&P Biotech Bull 3X Shares (LABU) Fund Flow Chart

Direxion Daily S&P Biotech Bull 3X Shares (LABU) 1 year Net Flows: -106M

LABU ETF FAQ

What was LABU’s price range in the past 12 months?
LABU lowest ETF price was 78.46 and its highest was 176.99 in the past 12 months.
    What is the AUM of LABU?
    As of Feb 19, 2025 The AUM of LABU is 764.03M.
      Is LABU overvalued?
      Not enough analysts have published a price target to calculate whether the price is overvalued.
      Does LABU pay dividends?
      LABU pays a Thriceyearly dividend of 0.15 which represents an annual dividend yield of 0.62%. See more information on LABU dividends here
        How many shares outstanding does LABU have?
        LABU has 8,474,486 shares outstanding.
          Which hedge fund is a major shareholder of LABU?
          Among the largest hedge funds holding LABU’s share is Sheaff Brock Investment Advisors LLC. It holds LABU’s shares valued at 360K.

            Top 10 Holdings

            Name
            Weight %
            USD_CASH
            U.S. Dollar
            36.10%
            Gilead Sciences
            1.75%
            Abbvie
            1.70%
            Insmed
            1.69%
            Amgen Inc
            1.61%
            United Therapeutics Corp.
            1.58%
            Natera Inc.
            1.55%
            Vertex Pharmaceuticals Inc.
            1.51%
            Biomarin Pharmaceutical Inc.
            1.49%
            Alnylam Pharmaceuticals
            1.48%
            Total50.45%
            See All Holdings
            Popular ETFs
            What am I Missing?
            Make informed decisions based on Top Analysts' activity
            Know what industry insiders are buying
            Get actionable alerts from top Wall Street Analysts
            Find out before anyone else which stock is going to shoot up
            Get powerful stock screeners & detailed portfolio analysis