ETF Update: DRN, DRV, SPY
Friday, June 25, 2021 7:09 PM

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Direxion Daily Real Estate Bull 3X Shrs (NYSEArca: DRN) was the biggest gainer among the ETFs on Friday. The fund soared 7.84% to close at $41.53. 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.

Direxion Daily Real Estate Bear 3X Shrs (NYSEArca: DRV) was the biggest loser among the ETFs. The fund slid 8.17% to close at $6.63. 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.

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 $107.87, and had a volume of 238.65M shares.

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

 

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Market news:

  • BCS Shocker: Nevada stuns No. 3 Boise State 34-31 Nov 27, 2021 02:18 AM

    • RENO, Nev. - Anthony Martinez kicked a 34-yard field goal in overtime Friday night, capping a Nevada comeback that gave the Wolf Pack a wild 34-31 win over previously unbeaten No.
    • The kick came after Boise State's kicker missed a 26-yard field goal with 2 seconds left in regulation and another from 29 yards in overtime.
    • It snapped Boise State's 24-game winning streak and ended any hopes that the Broncos would play in the BCS title game.
      • BCS Stunner: Nevada stuns No. 3 Boise State 34-31 Nov 27, 2021 02:13 AM

        • RENO, Nev. - Anthony Martinez kicked a 34-yard field goal in overtime Friday night, capping a Nevada comeback that gave the Wolf Pack a 34-31 win over previously unbeaten No.
        • The kick came after Boise State's kicker missed a 26-yard field goal with 2 seconds left in regulation and another from 29 yards in overtime.
        • It snapped Boise State's 24-game winning streak and ended any hopes that the Broncos would play in the BCS title game.
          • Qantas A380 returns to air after engine blowout Nov 27, 2021 02:07 AM

            • SYDNEY - A Qantas superjumbo has taken off from Sydney on the first passenger flight for the airline's A380s since a midair engine explosion earlier this month.
            • The flight marks the resumption of A380 services for the Australian airline, which grounded its fleet of six superjumbos after the engine disintegration shortly after one took off from Singapore on Nov. 4.
            • Qantas spokesman Tom Woodward said the flight left Sydney a few minutes late on Saturday but with no problems.
              • Rio cops, troops seem ready to invade gang haven Nov 27, 2021 02:07 AM

                • RIO DE JANEIRO - Soldiers and police fought with gangsters hunkered down in the twisting alleys of a sprawling shantytown, blocking the escape of drug traffickers in an escalating confrontation that promised residents a dangerous weekend.
                • Brazilian authorities did not detail their plans early Saturday, but it appeared security forces were preparing to invade the Alemao complex, a group of more than a dozen of Rio's most menacing slums.
                • Authorities began raids on slums after a surge of gang violence broke out Sunday.
                  • Thousands expected to protest Irish austerity plan Nov 27, 2021 02:02 AM

                    • DUBLIN - Tens of thousands of demonstrators are expected in Dublin on Saturday to oppose the government's harsh austerity plan, aimed at slashing the country's budget deficit to meet the terms of a bailout for its humbled economy.
                    • The labor union-organized rally follows Irish Prime Minister Brian Cowen's announcement Wednesday of a four-year package to cut spending, raise taxes and ax thousands of state jobs, the toughest budget measures in the nation's history.
                    • Labour Party deputy leader Joan Burton has urged demonstrators to consider the image of Ireland that violent protests would send across the world.

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