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Direxion shuts down Airlines Shares ETF

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Direxion shuts down Airlines Shares ETF

Direxion, best known for its suite of leveraged and inverse ETFs, has begun the process of shutting down one of its few non-leveraged funds, the Airlines Shares ETF earlier this week. A lack of assets has been blamed for the fund’s demise, which stopped trading on October 10. The fund will liquida...

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