7,300 Shares in Direxion Daily META Bull 2X Shares $METU Purchased by SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co

SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co bought a new stake in Direxion Daily META Bull 2X Shares (NASDAQ:METU) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 7,300 shares of the company’s stock, valued at approximately $345,000. Direxion Daily META Bull 2X Shares comprises about 0.3% of SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co’s holdings, making the stock its 29th largest position. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co owned approximately 0.24% of Direxion Daily META Bull 2X Shares as of its most recent filing with the Securities & Exchange Commission.

Separately, SOA Wealth Advisors LLC. acquired a new stake in Direxion Daily META Bull 2X Shares during the 2nd quarter valued at approximately $59,000.

Direxion Daily META Bull 2X Shares Price Performance

METU stock opened at $26.42 on Thursday. The company has a market capitalization of $174.37 million, a P/E ratio of 24.62 and a beta of 4.09. Direxion Daily META Bull 2X Shares has a 12 month low of $20.11 and a 12 month high of $52.12. The firm’s fifty day simple moving average is $39.06 and its 200-day simple moving average is $40.66.

Direxion Daily META Bull 2X Shares Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 23rd were given a dividend of $0.2229 per share. This represents a $0.89 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend was Tuesday, September 23rd.

Direxion Daily META Bull 2X Shares Profile

The Direxion Daily META Bull 2X Shares (METU) is an exchange-traded fund that is based on the Meta Platforms Inc Class A index. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of META stock. METU was launched on Jun 5, 2024 and is issued by Direxion.