Direxion to Split 19 ETFs, Including Eight Reverse Splits

Direxion, the second-largest issuer of invers and leveraged exchange traded funds, said today it is splitting 19 of its geared funds. The splits include eight reverse splits and 11 traditional, or forward splits. Direxion will reverse split the Direxion Daily Brazil Bull 3x Shares (NYSEArca: BRZU),...