Benzinga's Top ETF Gainers (TZA, DRV, FAZ, SPXU)

U.S. equity market struggled today, after another disappointing initial claims report. Bear market ETFs posted significant gains, and Direxion Small Cap Bear 3X Shares (
ETF
)
TZA
was the best among them, with an increase of 8.00%. TZA gained on the weakness in the Russell 2000 Index. Direxion Daily Real Estate Bear 3X (
ETF
)
DRV
jumped 7.38%, as Simon Property Group, Inc
SPG
dropped 2.47 points, or 2.69%. Kimco Realty Corporation
KIM
fell 4.23% and Vornado Realty Trust
VNO
lost 2.95%. Direxion Daily Financial Bear 3X Shares(
ETF
)
FAZ
added 6.37% on Thursday, as the financial sector experienced another sell off. Bank of America Corporation
BAC
lost 2.25% today, and PNC Financial Services
PNC
fell 3.50%. ProShares UltraPro Short S&P 500 (
ETF
)
SPXU
gained 5.16% today, and closed at $33.23. It had a volume of 7.09M traded shares. SPXU seeks to replicate the performance equal to triple the inverse of the daily performance of the S&P 500.
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