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Direxion Releases Low Priced Stock ETF, LOPX

By: ETFdb
On Thursday, Direxion announced the launch of the Direxion Low Priced Stock ETF (LOPX). LOPX invests in 50 companies trading at share prices between $2 and $5 at the time of purchase. Low-priced stocks tend to be in the small-to-mid cap range of the market, with higher return potential on average, coupled with higher volatility.
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