Virtu Financial LLC bought a new position in shares of Direxion Daily META Bull 2X Shares (NASDAQ:METU – Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 27,277 shares of the company’s stock, valued at approximately $876,000. Virtu Financial LLC owned 0.12% of Direxion Daily META Bull 2X Shares at the end of the most recent quarter.
Other institutional investors have also made changes to their positions in the company. UBS Group AG bought a new stake in Direxion Daily META Bull 2X Shares in the 4th quarter valued at $2,500,000. Simplex Trading LLC acquired a new position in shares of Direxion Daily META Bull 2X Shares in the fourth quarter valued at $1,290,000. OLD Mission Capital LLC bought a new position in shares of Direxion Daily META Bull 2X Shares in the fourth quarter valued at about $575,000. Corient Private Wealth LLC bought a new position in shares of Direxion Daily META Bull 2X Shares in the second quarter valued at about $681,000. Finally, Tactive Advisors LLC bought a new position in shares of Direxion Daily META Bull 2X Shares in the fourth quarter valued at about $478,000.
Direxion Daily META Bull 2X Shares Stock Performance
Shares of METU stock opened at $21.52 on Monday. The company has a market capitalization of $314.62 million, a price-to-earnings ratio of 24.62 and a beta of 3.07. The company has a 50-day simple moving average of $25.71 and a 200 day simple moving average of $28.33. Direxion Daily META Bull 2X Shares has a 52 week low of $18.62 and a 52 week high of $51.20.
Direxion Daily META Bull 2X Shares Company 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.
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