Direxion Shares ETF Trust - Direxion Daily Semiconductor 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. It invests directly, through derivatives and through other funds in stocks of companies operating across information technology, semiconductors and semiconductor equipment sectors. The fund uses derivatives such as futures, swaps to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization. It seeks to track 3x the daily performance of the PHLX Semiconductor Sector Index. Direxion Shares ETF Trust - Direxion Daily Semiconductor Bull 3X Shares was formed on March 11, 2010 and is domiciled in the United States.

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