Direxion Daily PYPL Bull 2X ETF

The Direxion Daily PYPL Bull 2X ETF, an investment vehicle under the Direxion Shares ETF Trust, was established by Direxion Investments and is overseen by Rafferty Asset Management, LLC. This U.S.-domiciled exchange-traded fund concentrates its investments in public equity markets. Its portfolio is built primarily through the strategic use of derivatives like swaps and options, targeting various financial segments. These encompass financial services, consumer lending, credit card and payment verification, personal credit institutions, transaction and payment processing, internet-based merchant services, and debit or other stored value products. The fund aims to acquire both growth-oriented and value-oriented stocks from companies spanning diverse market capitalizations.