ERX Among Leading Daily Gainers
ERX, Direxion”s Daily Energy Bull 3x Shares (ERX), is currently among today’s leading gainers in the leveraged ETF sector, as the energy sector rebounds, posting an intraday range thus far of 51.77 to 53.33, currently trading near 53 per share, up mid day over 5% relative to yesterday’s close. Leveraged bull and bear oriented ETFs [...]
Guggenheim To Merge Claymore And Rydex
Guggenheim Partners LLC, a reputed ETF provider, is in the process of initiating merger of its Claymore Group Inc. and its Rydex SGI business. The resulting entity will become the 7th biggest provider of ETFs in America and will have more than $11 billion worth assets under management. Guggenheim had taken over Claymore in the [...]
