Direxion Daily MU Bull 2X ETF (NASDAQ:MUU) Shares Gap Up – What’s Next?

Direxion Daily MU Bull 2X ETF (NASDAQ:MUUGet Free Report)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $28.14, but opened at $28.91. Direxion Daily MU Bull 2X ETF shares last traded at $28.15, with a volume of 7,583,323 shares changing hands.

Direxion Daily MU Bull 2X ETF Trading Down 0.1%

The stock’s fifty day moving average price is $30.17 and its 200 day moving average price is $26.42.

Hedge Funds Weigh In On Direxion Daily MU Bull 2X ETF

Several institutional investors and hedge funds have recently modified their holdings of MUU. Corient Private Wealth LP bought a new position in Direxion Daily MU Bull 2X ETF in the 2nd quarter worth about $523,000. Optiver Holding B.V. purchased a new position in Direxion Daily MU Bull 2X ETF in the first quarter worth about $1,533,000. Vestor Capital LLC bought a new position in shares of Direxion Daily MU Bull 2X ETF in the first quarter worth approximately $315,000. Renaissance Technologies LLC bought a new position in shares of Direxion Daily MU Bull 2X ETF in the first quarter worth approximately $1,023,000. Finally, Spartan Wealth Advisory Services LLC purchased a new stake in shares of Direxion Daily MU Bull 2X ETF during the first quarter valued at approximately $808,000.

Direxion Daily MU Bull 2X ETF Company Profile

(Get Free Report)

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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