StoneX Group Inc. acquired a new stake in Direxion Daily AMZN Bull 2X ETF (NASDAQ:AMZU – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 18,237 shares of the company’s stock, valued at approximately $620,000. StoneX Group Inc. owned 0.21% of Direxion Daily AMZN Bull 2X ETF as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently made changes to their positions in the company. SOA Wealth Advisors LLC. raised its holdings in Direxion Daily AMZN Bull 2X ETF by 56.9% in the first quarter. SOA Wealth Advisors LLC. now owns 1,764 shares of the company’s stock valued at $47,000 after acquiring an additional 640 shares in the last quarter. Parallel Advisors LLC grew its holdings in Direxion Daily AMZN Bull 2X ETF by 75.0% during the 3rd quarter. Parallel Advisors LLC now owns 3,500 shares of the company’s stock worth $119,000 after acquiring an additional 1,500 shares in the last quarter. Tactive Advisors LLC acquired a new position in Direxion Daily AMZN Bull 2X ETF during the 2nd quarter worth approximately $249,000. Turner Financial Group Inc. purchased a new stake in shares of Direxion Daily AMZN Bull 2X ETF in the 2nd quarter valued at approximately $295,000. Finally, Renaissance Technologies LLC purchased a new stake in shares of Direxion Daily AMZN Bull 2X ETF in the 1st quarter valued at approximately $752,000.
Direxion Daily AMZN Bull 2X ETF Trading Down 3.4%
Shares of AMZU opened at $37.74 on Thursday. Direxion Daily AMZN Bull 2X ETF has a twelve month low of $24.54 and a twelve month high of $47.14. The firm’s fifty day simple moving average is $35.32 and its 200-day simple moving average is $35.15. The firm has a market capitalization of $296.26 million, a price-to-earnings ratio of 32.75 and a beta of 2.51.
Direxion Daily AMZN Bull 2X ETF Company Profile
The Direxion Daily AMZN Bull 1.5X Shares ETF (AMZU) is an exchange-traded fund that is based on the Amazon.com, Inc. index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Amazon stock. AMZU was launched on Sep 7, 2022 and is managed by Direxion.
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