PYPT

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Axs 1.5x Pypl Bull Daily Etf

14.84

0.00 (0.00%)

Last Update: 23 Aug 2023 16:30:00

Yesterday: 14.84

Day's Range: 14.84 - 14.84

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When Written:

20.62

AXS 1.5X PYPL Bull Daily ETF is an exchange-traded fund that seeks to provide 1.5 times the daily return of the PYPL Index. The PYPL Index is a custom index that tracks the performance of companies that are involved in the payment processing industry, including PayPal Holdings Inc.

The ETF is managed by AdvisorShares, and its ticker symbol is PYPL. It was launched on May 26, 2021, and is listed on the NYSE Arca exchange.

Investors who are bullish on the payment processing industry and believe that the PYPL Index will perform well may consider investing in this ETF. However, it is important to note that leveraged ETFs like AXS 1.5X PYPL Bull Daily ETF carry higher risks than traditional ETFs, as they use financial instruments such as derivatives to achieve their investment objectives. As a result, they may experience greater volatility and losses during market downturns.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.

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