On August 19, Direxion Daily MSCI South Korea Bull 3x Shares rose 13.06% in regular trading, trading at $20.2/share, with turnover of $386 million. The leveraged ETF staged a sharp rebound after plunging over 15% in the prior session when the KOSPI index triggered a circuit breaker on an intraday drop of nearly 7%.

On the news front, Soros Capital's latest Q2 13F filing revealed that iShares MSCI South Korea ETF became its top holding as a newly established position, with approximately 212,200 shares valued at $42.84 million, representing 7.66% of the portfolio. Additionally, SK Hynix surged over 7% after announcing plans to buy back and cancel 40 trillion KRW in shares while committing to return at least 50% of cash flow to shareholders, boosting storage chip stocks broadly. M&G Investments also increased Korean government bond holdings, citing AI-driven chip tax revenue growth, further reinforcing institutional confidence in Korean tech assets.

The fund invests at least 80% of its net assets in financial instruments providing daily leveraged exposure to the MSCI Korea Index, which covers approximately 85% of the free float-adjusted market capitalization of South Korean issuers. It is non-diversified.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)