IMC Chicago LLC Buys New Stake in Direxion Daily CSI China Internet Index Bull 2x Shares $CWEB

Posted by Andrew Walz on Feb 8th, 2026

IMC Chicago LLC bought a new stake in shares of Direxion Daily CSI China Internet Index Bull 2x Shares (NYSEARCA:CWEB – Free Report) during the 3rd quarter, Holdings Channel reports. The firm bought 23,101 shares of the company’s stock, valued at approximately $1,329,000.

Separately, Bank of America Corp DE raised its stake in shares of Direxion Daily CSI China Internet Index Bull 2x Shares by 39.0% during the second quarter. Bank of America Corp DE now owns 3,921 shares of the company’s stock valued at $155,000 after purchasing an additional 1,100 shares in the last quarter.

Direxion Daily CSI China Internet Index Bull 2x Shares Stock Up 5.6%

Shares of CWEB opened at $39.96 on Friday. The firm has a market capitalization of $248.55 million, a PE ratio of 17.82 and a beta of 0.60. The firm has a 50-day moving average price of $43.16 and a 200 day moving average price of $47.27. Direxion Daily CSI China Internet Index Bull 2x Shares has a 52-week low of $26.93 and a 52-week high of $61.24.

Direxion Daily CSI China Internet Index Bull 2x Shares Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 8th. Shareholders of record on Wednesday, December 31st were paid a dividend of $1.1127 per share. This represents a $4.45 dividend on an annualized basis and a yield of 11.1%. The ex-dividend date of this dividend was Wednesday, December 31st.

Direxion Daily CSI China Internet Index Bull 2x Shares Company Profile

(Free Report)

The Direxion Daily CSI China Internet Bull 2X Shares (CWEB) is an exchange-traded fund that is based on the CSI Overseas China Internet index. The fund provides 2x leveraged daily exposure to an index composed of overseas-listed Chinese internet companies. CWEB was launched on Nov 2, 2016 and is managed by Direxion.