“All forward share splits will apply to shareholders of record as of the close of the NYSE Arca on May 18, 2015 (the “Record Date”), payable after the close of the NYSE Arca on May 19, 2015 (the “Payable Date”). Shares of the Funds will begin trading on the NYSE Arca on a split-adjusted basis on May 20, 2015,” according to Direxion.
Among the well-known ETFs being forward split by Direxion are the Direxion Daily Healthcare Bull 3x Shares (NYSEArca: CURE), Direxion Daily Technology Bull 3X Shares (NYSEArca: TECL) and the Direxion Daily India Bull 3X Shares (NYSEArca: INDL). [Living Large With a Leveraged India ETF]
Table Courtesy: Direxion
ETF Trends editorial team contributed to this post.