Direxion Daily MU Bull 2X ETF (NASDAQ:MUU – Get Free Report)’s share price gapped up before the market opened on Wednesday. The stock had previously closed at $15.10, but opened at $17.31. Direxion Daily MU Bull 2X ETF shares last traded at $18.1730, with a volume of 9,604,805 shares.
Direxion Daily MU Bull 2X ETF Stock Performance
The business has a 50 day moving average of $29.43 and a 200 day moving average of $24.78.
Hedge Funds Weigh In On Direxion Daily MU Bull 2X ETF
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Corient Private Wealth LP bought a new stake in shares of Direxion Daily MU Bull 2X ETF in the 2nd quarter valued at about $523,000. Gen Wealth Partners Inc acquired a new stake in shares of Direxion Daily MU Bull 2X ETF in the 3rd quarter valued at approximately $37,000. Parallel Advisors LLC boosted its stake in Direxion Daily MU Bull 2X ETF by 7,354.5% during the 3rd quarter. Parallel Advisors LLC now owns 1,640 shares of the company’s stock worth $60,000 after acquiring an additional 1,618 shares during the last quarter. Vestor Capital LLC bought a new position in Direxion Daily MU Bull 2X ETF during the 3rd quarter worth approximately $73,000. Finally, Diversify Wealth Management LLC bought a new position in Direxion Daily MU Bull 2X ETF during the 1st quarter worth approximately $658,000.
About Direxion Daily MU Bull 2X ETF
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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