The Direxion Daily LMT Bear 1X ETF (LMTS) is a specialized financial instrument tailored for investors looking to capitalize on the downturns in the aerospace and defense sector, specifically targeting Lockheed Martin Corporation. As an inverse or "bear" ETF, LMTS is designed to provide the opposite of the daily return of Lockheed Martin's stock, offering a unique opportunity for those anticipating a decline in the company's stock price. This fund falls under the sector-focused category of Industrials, with a niche emphasis on Aerospace & Defense, making it a strategic choice for investors with a bearish outlook on this iconic defense contractor. By delivering inverse exposure, LMTS allows for tactical positioning in sophisticated portfolio strategies, enabling investors to hedge against potential declines in one of the world's leading aerospace and defense companies, or to express a negative view on the industry dynamics affecting Lockheed Martin.
Direxion Daily LMT Bear 1X ETF (LMTS) Fund Flow Chart
Direxion Daily LMT Bear 1X ETF (LMTS) 1 year Net Flows: 0
LMTS ETF FAQ
What was LMTS’s price range in the past 12 months?
LMTS lowest ETF price was 20.72 and its highest was 25.20 in the past 12 months.
What is the AUM of LMTS?
Currently, no data Available
Is LMTS overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does LMTS pay dividends?
LMTS does not currently pay dividends.
How many shares outstanding does LMTS have?
Currently, no data Available
Which hedge fund is a major shareholder of LMTS?
Currently, no hedge funds are holding shares in LMTS