Virtu Financial LLC Makes New $1.16 Million Investment in Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU)

Virtu Financial LLC bought a new stake in shares of Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 35,688 shares of the company’s stock, valued at approximately $1,158,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hollencrest Capital Management bought a new position in shares of Direxion Daily AMZN Bull 2X Shares in the second quarter valued at approximately $37,000. Morse Asset Management Inc bought a new position in Direxion Daily AMZN Bull 2X Shares in the 3rd quarter valued at $64,000. Regal Investment Advisors LLC purchased a new position in shares of Direxion Daily AMZN Bull 2X Shares during the 2nd quarter valued at $273,000. Client First Investment Management LLC bought a new position in shares of Direxion Daily AMZN Bull 2X Shares in the second quarter worth $297,000. Finally, Flow Traders U.S. LLC purchased a new stake in shares of Direxion Daily AMZN Bull 2X Shares in the third quarter worth $446,000.

Direxion Daily AMZN Bull 2X Shares Stock Down 1.5 %

Direxion Daily AMZN Bull 2X Shares stock opened at $45.86 on Friday. The stock has a market cap of $226.09 million, a price-to-earnings ratio of 120.98 and a beta of -2.52. The business has a 50-day simple moving average of $37.01 and a 200 day simple moving average of $34.35. Direxion Daily AMZN Bull 2X Shares has a 52 week low of $22.11 and a 52 week high of $47.98.

Direxion Daily AMZN Bull 2X Shares Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 12th will be issued a dividend of $0.5409 per share. The ex-dividend date of this dividend is Thursday, December 12th.

About Direxion Daily AMZN Bull 2X Shares

The Direxion Daily AMZN Bull 1.5X Shares ETF (AMZU) is an exchange-traded fund that is based on the Amazon.com, Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Amazon stock. AMZU was launched on Sep 7, 2022 and is managed by Direxion.