18,972 Shares in Direxion Daily AVGO Bull 2X ETF $AVL Acquired by Bullseye Investment Management LLC

Bullseye Investment Management LLC purchased a new stake in Direxion Daily AVGO Bull 2X ETF (NASDAQ:AVLFree Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 18,972 shares of the company’s stock, valued at approximately $839,000.

Other large investors have also recently bought and sold shares of the company. Group One Trading LLC raised its stake in Direxion Daily AVGO Bull 2X ETF by 374.4% during the third quarter. Group One Trading LLC now owns 593 shares of the company’s stock worth $31,000 after acquiring an additional 468 shares in the last quarter. Simplex Trading LLC bought a new position in shares of Direxion Daily AVGO Bull 2X ETF during the fourth quarter valued at $98,000. Cresset Asset Management LLC acquired a new stake in shares of Direxion Daily AVGO Bull 2X ETF in the 2nd quarter valued at $236,000. HRT Financial LP acquired a new stake in shares of Direxion Daily AVGO Bull 2X ETF in the 4th quarter valued at $401,000. Finally, Virtu Financial LLC bought a new stake in shares of Direxion Daily AVGO Bull 2X ETF in the 4th quarter worth about $1,579,000. 2.95% of the stock is currently owned by institutional investors.

Direxion Daily AVGO Bull 2X ETF Price Performance

Shares of AVL traded up $0.24 during trading hours on Friday, hitting $38.42. The stock had a trading volume of 571,272 shares, compared to its average volume of 632,306. The stock has a market capitalization of $161.36 million, a price-to-earnings ratio of -1,921.00 and a beta of 3.87. The company’s fifty day moving average is $44.22 and its two-hundred day moving average is $46.44. Direxion Daily AVGO Bull 2X ETF has a 52 week low of $28.95 and a 52 week high of $80.21.

Direxion Daily AVGO Bull 2X ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were paid a dividend of $0.2004 per share. This represents a $0.80 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Tuesday, June 23rd. Direxion Daily AVGO Bull 2X ETF’s dividend payout ratio is currently -64,650.00%.

About Direxion Daily AVGO Bull 2X ETF

(Free Report)

The Direxion Daily AVGO Bull 2X Shares (AVL) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Broadcom Inc stock. AVL was launched on Oct 10, 2024 and is issued by Direxion.

Further Reading

Want to see what other hedge funds are holding AVL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily AVGO Bull 2X ETF (NASDAQ:AVLFree Report).

Institutional Ownership by Quarter for Direxion Daily AVGO Bull 2X ETF (NASDAQ:AVL)

Receive News & Ratings for Direxion Daily AVGO Bull 2X ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily AVGO Bull 2X ETF and related companies with MarketBeat.com's FREE daily email newsletter.