SBI Securities Co. Ltd. Has $4.61 Million Holdings in Direxion Daily NVDA Bull 2X Shares $NVDU

SBI Securities Co. Ltd. lessened its stake in shares of Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) by 34.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 46,588 shares of the company’s stock after selling 24,583 shares during the quarter. SBI Securities Co. Ltd.’s holdings in Direxion Daily NVDA Bull 2X Shares were worth $4,612,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Bogart Wealth LLC acquired a new stake in Direxion Daily NVDA Bull 2X Shares in the 2nd quarter worth approximately $40,000. SOA Wealth Advisors LLC. acquired a new position in Direxion Daily NVDA Bull 2X Shares during the second quarter valued at approximately $44,000. Western Pacific Wealth Management LP raised its position in shares of Direxion Daily NVDA Bull 2X Shares by 103.3% in the second quarter. Western Pacific Wealth Management LP now owns 1,000 shares of the company’s stock valued at $99,000 after purchasing an additional 508 shares during the period. Headlands Technologies LLC bought a new position in shares of Direxion Daily NVDA Bull 2X Shares in the first quarter valued at approximately $75,000. Finally, Chicago Partners Investment Group LLC acquired a new stake in shares of Direxion Daily NVDA Bull 2X Shares in the second quarter worth $181,000.

Direxion Daily NVDA Bull 2X Shares Trading Down 5.8%

NASDAQ NVDU opened at $136.21 on Wednesday. Direxion Daily NVDA Bull 2X Shares has a 1 year low of $32.63 and a 1 year high of $165.77. The company has a fifty day simple moving average of $127.69 and a 200 day simple moving average of $107.04. The company has a market cap of $651.08 million, a P/E ratio of 42.98 and a beta of 4.20.

Direxion Daily NVDA Bull 2X Shares Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 23rd were issued a dividend of $0.4973 per share. This represents a $1.99 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Tuesday, September 23rd.

Direxion Daily NVDA Bull 2X Shares Company Profile

The Direxion Daily NVDA Bull 2X Shares (NVDU) 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 NVIDIA stock. NVDU was launched on Sep 13, 2023 and is issued by Direxion.