Direxion Shares ETF Trust - Direxion iBillionaire Index ETF

As of April 13, 2018, Direxion Shares ETF Trust - Direxion iBillionaire Index ETF has gone out of business. Direxion Shares ETF Trust - Direxion iBillionaire Index ETF is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It invests in the stocks of mid-cap and large-cap companies with a market capitalization greater than $1 billion. The fund seeks to replicate the performance of the iBillionaire Index, by investing in the stocks of companies as per their weightings in the index. Direxion Shares ETF Trust - Direxion iBillionaire Index ETF was formed on August 1, 2014 and is domiciled in the United States.