Direxion Daily MU Bull 2X ETF (NASDAQ:MUU – Get Free Report)’s stock price gapped up before the market opened on Tuesday. The stock had previously closed at $21.28, but opened at $22.55. Direxion Daily MU Bull 2X ETF shares last traded at $22.6590, with a volume of 6,117,922 shares traded.
Direxion Daily MU Bull 2X ETF Price Performance
The business has a 50-day moving average of $30.97 and a 200 day moving average of $24.53.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Dedeker Financial LLC boosted its position in Direxion Daily MU Bull 2X ETF by 1,919.7% in the 3rd quarter. Dedeker Financial LLC now owns 111,122 shares of the company’s stock valued at $4,092,000 after buying an additional 105,620 shares during the period. Hoey Investments Inc. grew its stake in Direxion Daily MU Bull 2X ETF by 6,280.7% in the 3rd 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 in the last quarter. MGO One Seven LLC grew its stake in Direxion Daily MU Bull 2X ETF by 1,928.0% in the 3rd 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 in the last quarter. Optiver Holding B.V. purchased a new position in shares of Direxion Daily MU Bull 2X ETF during the first quarter worth approximately $1,533,000. Finally, Renaissance Technologies LLC purchased a new position in shares of Direxion Daily MU Bull 2X ETF during the first quarter worth approximately $1,023,000.
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.
Featured Articles
- Five stocks we like better than Direxion Daily MU Bull 2X ETF
- MicroVision Pivots: Mapping New Ground Beyond Auto
- Are the Fears Around Alphabet’s Search Slowdown Warranted?
- Streaming Success: Fox Corp Channels Tubi For Q1 Earnings Beat
- Caterpillar’s Sell-Off: Is the Market Missing Its AI Power Play?
Receive News & Ratings for Direxion Daily MU Bull 2X ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily MU Bull 2X ETF and related companies with MarketBeat.com's FREE daily email newsletter.
