UBS Group AG bought a new stake in Direxion Daily Aerospace & Defense Bull 3X Shares (NYSEARCA:DFEN – Get Rating) in the 4th quarter, HoldingsChannel reports. The firm bought 7,834 shares of the company’s stock, valued at approximately $156,000. Several other large investors also recently added to or reduced their stakes in the stock. FNY […]
The Direxion Daily Aerospace & Defense Bull 3X Shares (NYSEARCA:DFEN) invests in stocks of companies operating in the industrials, capital goods, aerospace & defense sectors, through derivatives such .
DFEN is a 3X leveraged ETF and its objective is to return three times the daily return of the Aerospace & Defense industry index. Click to read my analysis.
These were last week’s top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly. Always do your homework.