Credit: Shutterstock photoDirexion, one of the largest issues of inverse and leveraged exchange traded funds, said it plans to close 12 of its inverse and leveraged sector funds. "Shares of each Fund will stop trading on the NYSE Arca, Inc., and will no longer be open to purchase by investors, after the close of regular trading on [...] Click to read more at ETFtrends.com.
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This article was provided by our partner Tom Lydon of etftrends.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
