Direxion Files Magnificent 7 Bull 2X ETF with SEC
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
Direxion announced and filed the Direxion Daily Magnificent 7 Bull 2X ETF with the SEC on October 14, 2026. Reports indicate that the ETF saw a large increase in short interest in September, rising from 9,320 shares on September 15th to 18,311 shares by September 30th. Additionally, Thurston Springer Miller Herd & Titak Inc. acquired 441 shares of the ETF stock in the third quarter.
From tickerreport.com
Why it matters
The filing adds a new leveraged product to the market, which is structurally dependent on tracking Microsoft's stock performance and index. Trading activity for the ETF, which recently traded down to $63.96, reflects investor sentiment regarding the Magnificent 7 stocks.
ETF filings involving Direxion were reported to the SEC on June 23, 2026.
From tickerreport.com
Who's involved
Keep exploring
The entities involved
Related events
- Goldman Sachs reported an ETF filing to the SEC on October 16, 2026.
- SEC filing reported ETF holdings involving SPX on October 19, 2026.
- The SEC has mandated that filings regarding ETF holdings must be submitted.
- ETF filing with SEC indicates investment activity for Schwab Short-Term U.S. Treasury ETF.
- A filing required under SEC oversight concerning the iShares 7-10 Year Treasury Bond ETF.