Direxion Daily Technology Bull 3X ETF (TECL) is a publicly traded company in the Financial Services sector, operating within the Asset Management - Leveraged industry. The company is headquartered in New York City, DE, United States.
TECL has IPO date of 2008-12-30, listed on the NYSE, a market capitalization of $4.2B.
Direxion Daily Technology Bull 3X ETF is a leveraged exchange-traded fund that seeks to provide three times daily leveraged exposure to the technology sector. The fund invests at least 80% of its net assets in financial instruments including swap agreements, securities, and other ETFs that track the technology index, amplifying daily price movements of domestic technology companies. As a non-diversified, leveraged product, it is designed for experienced investors seeking short-term tactical exposure to technology stocks.
