ETF Update: DRV, ERY, SPY
Tuesday, June 22, 2021 8:01 PM

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Direxion Daily Real Estate Bear 3X (NYSEArca: DRV) was the biggest gainer among the ETFs on Tuesday. Ther fund soared 9.74% to close at $6.87. The Direxion Daily Real Estate Bear 3X Shares seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the price performance of the Real Estate Index. 

Direxion Daily Real Estate Bull 3X Shrs (NYSEArca: DRN) was the biggest loser among ETFs today. The fund slumped 9.32% to close at $40.80. The Direxion Daily Real Estate Bull 3x Shares seeks daily investment results, before fees and expenses, of 300% of the price performance of the MSCI US REIT Index ("Real Estate Index").

Standard & Poor's Depositary Re (NYSEArca: SPY) was the most active ETFs by share volume. The fund seeks to correspond generally to the price and yield performance, before fees and expenses, of the S&P 500 Index. SPDR Trust is an exchange-traded fund that holds all of the S&P 500 Index stocks. SPY closed at $109.57, and had a volume of 239.35M shares.

Disclosure: Author doesn’t own any of the stocks discussed here.

 

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