Direxion Daily AVGO Bull 2X Shares (AVL) ETF Ticker
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About Direxion Daily AVGO Bull 2X Shares
This fund's primary objective is to deliver two times the daily leveraged performance of Broadcom (AVGO). Under typical market conditions, it dedicates a minimum of 80% of its overall capital (including any borrowed funds used for investment) to AVGO stock and specialized financial contracts like swap agreements and options. These instruments are strategically combined to achieve its goal of amplified daily exposure to AVGO. It's important to note that the fund maintains a concentrated, non-diversified investment approach.
AVL etf facts
| Ticker symbol | AVL |
| Exchange | NASDAQ Global Market |
| Sector | Financial Services |
| Industry | Asset Management - Leveraged |
| Market cap | $162.2M |
| CEO | Douglas Yones |
| Headquarters | New York City, NY, US |
| IPO date | 2024-10-10 |
| Website | www.direxion.com/product/daily-avgo-bull-and-bear-leveraged-single-stock-etfs |
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What is the ticker symbol for Direxion Daily AVGO Bull 2X Shares?
The ticker symbol for Direxion Daily AVGO Bull 2X Shares is AVL, listed on the NASDAQ Global Market.
What is AVL?
This fund's primary objective is to deliver two times the daily leveraged performance of Broadcom (AVGO). Under typical market conditions, it dedicates a minimum of 80% of its overall capital (including any borrowed funds used for investment) to AVGO stock and specialized financial contracts like swap agreements and options. These instruments are strategically combined to achieve its goal of…