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Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bull 3X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. It invests in public equity markets of the United States. The fund invests directly, through derivatives and through other funds in stocks of companies operating across diversified sectors. The fund uses derivatives such as futures and swaps to create its portfolio. The fund invests in volatile stocks of companies across large market capitalization. It seeks to track 3x the daily performance of the S&P 500 High Beta Index. Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bull 3X Shares was formed on November 7, 2019 and is domiciled in the United States.