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.