Flow Traders U.S. LLC Purchases 28,164 Shares of Direxion Daily South Korea Bull 3X Shares (NYSEARCA:KORU)

Flow Traders U.S. LLC lifted its position in Direxion Daily South Korea Bull 3X Shares (NYSEARCA:KORU) by 21.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 161,660 shares of the company’s stock after buying an additional 28,164 shares during the quarter. Flow Traders U.S. LLC owned about 3.37% of Direxion Daily South Korea Bull 3X Shares worth $1,117,000 as of its most recent filing with the Securities and Exchange Commission.

Direxion Daily South Korea Bull 3X Shares Price Performance

Shares of KORU opened at $4.62 on Tuesday. The company has a market capitalization of $22.18 million, a PE ratio of 8.39 and a beta of 3.68. Direxion Daily South Korea Bull 3X Shares has a one year low of $4.41 and a one year high of $9.90. The company’s fifty day moving average price is $5.87 and its 200 day moving average price is $7.09.

About Direxion Daily South Korea Bull 3X Shares

The Direxion Daily South Korea Bull 3X Shares (KORU) is an exchange-traded fund that is based on the MSCI Korea 25-50 index. The fund provides 300% daily leveraged exposure to a market-cap-weighted index of large- and mid-cap South Korean companies. KORU was launched on Apr 11, 2013 and is managed by Direxion.