|Bid||0.00 x 2900|
|Ask||42.95 x 800|
|Day's Range||39.61 - 41.47|
|52 Week Range||29.89 - 56.28|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-14.49%|
|Beta (5Y Monthly)||4.26|
|Expense Ratio (net)||1.00%|
September has been kind to the U.S. stock market thanks to another Fed rate cut and positive trade developments that have led to renewed trade of riskier assets.
As measured by the S&P Regional Banks Select Industry Index (SPSIRBKT), regional banks were one of last year's most disappointing groups, but are shedding some of those laggard ways this year. The S&P Regional Banks Select Industry Index is up more than 13 percent year-to-date. A reversal of fortune for regional banks in 2019 is lifting ETFs tracking the group, including the Direxion Daily Regional Banks Bull 3X Shares (NYSE: DPST).
The Zacks Analyst Blog Highlights: Direxion Daily S&P, Direxion Daily Regional Banks, Direxion Daily Aerospace, Direxion Daily Industrials and Direxion Daily Small Cap