Direxion Daily MU Bull 2X ETF (NASDAQ:MUU – Get Free Report)’s share price shot up 14.5% during mid-day trading on Friday. The stock traded as high as $15.09 and last traded at $14.4480. Approximately 16,824,090 shares were traded during trading, a decline of 63% from the average session volume of 45,716,152 shares. The stock had previously closed at $12.62.
Direxion Daily MU Bull 2X ETF Trading Up 11.3%
The business’s 50-day moving average is $30.32 and its 200-day moving average is $24.69.
Hedge Funds Weigh In On Direxion Daily MU Bull 2X ETF
Institutional investors and hedge funds have recently modified their holdings of the stock. Silverleafe Capital Partners LLC purchased a new stake in shares of Direxion Daily MU Bull 2X ETF in the third quarter worth about $939,000. Hoey Investments Inc. grew its holdings in Direxion Daily MU Bull 2X ETF by 6,280.7% during the third quarter. Hoey Investments Inc. now owns 99,730 shares of the company’s stock worth $3,672,000 after acquiring an additional 98,167 shares during the period. Dedeker Financial LLC grew its holdings in Direxion Daily MU Bull 2X ETF by 1,919.7% during the third quarter. Dedeker Financial LLC now owns 111,122 shares of the company’s stock worth $4,092,000 after acquiring an additional 105,620 shares during the period. MGO One Seven LLC grew its holdings in Direxion Daily MU Bull 2X ETF by 1,928.0% during the third quarter. MGO One Seven LLC now owns 82,257 shares of the company’s stock worth $3,029,000 after acquiring an additional 78,201 shares during the period. Finally, Intrua Financial LLC raised its position in Direxion Daily MU Bull 2X ETF by 4,560.0% during the third quarter. Intrua Financial LLC now owns 23,300 shares of the company’s stock valued at $858,000 after acquiring an additional 22,800 shares in the last quarter.
Direxion Daily MU Bull 2X ETF Company Profile
The Direxion Daily MU Bull 2X Shares (MUU) 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 Micron Technology, Inc stock. MUU was launched on Oct 10, 2024 and is issued by Direxion.
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