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Direxion Announces Forward and Reverse Splits of Five ETFs

Direxion Announces Forward and Reverse Splits of Five ETFs
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NEW YORK, Jan. 29, 2021 /PRNewswire/ Direxion has announced it will execute forward share splits for three of its exchange-traded funds ( ETFs ), as well as reverse share splits for an additional two ETFs. The total market value of the shares outstanding will not be affected as a result of these splits, except with respect to the redemption of fractional shares, as outlined below.
Forward Splits
Direxion will execute a forward split of the issued and outstanding shares of the Direxion Daily Semiconductor Bull 3X Shares, Direxion Daily Technology Bull 3X Shares, and the Direxion Daily S&P 500 ....

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