6,725 Shares in Direxion Daily MU Bull 2X Shares $MUU Purchased by Csenge Advisory Group

Csenge Advisory Group acquired a new position in shares of Direxion Daily MU Bull 2X Shares (NASDAQ:MUU) during the fourth quarter, HoldingsChannel reports. The fund acquired 6,725 shares of the company’s stock, valued at approximately $677,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. boosted its holdings in Direxion Daily MU Bull 2X Shares by 98.0% during the fourth quarter. SBI Securities Co. Ltd. now owns 1,275 shares of the company’s stock worth $128,000 after buying an additional 631 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in Direxion Daily MU Bull 2X Shares by 95.1% during the second quarter. Tower Research Capital LLC TRC now owns 2,644 shares of the company’s stock worth $64,000 after buying an additional 1,289 shares in the last quarter. Citadel Advisors LLC purchased a new stake in Direxion Daily MU Bull 2X Shares during the third quarter worth about $840,000. Optiver Holding B.V. boosted its holdings in Direxion Daily MU Bull 2X Shares by 166.8% during the third quarter. Optiver Holding B.V. now owns 36,840 shares of the company’s stock worth $1,528,000 after buying an additional 23,032 shares in the last quarter. Finally, Goldman Sachs Group Inc. purchased a new stake in Direxion Daily MU Bull 2X Shares during the first quarter worth about $716,000.

Direxion Daily MU Bull 2X Shares Price Performance

MUU stock opened at $550.30 on Friday. Direxion Daily MU Bull 2X Shares has a 52 week low of $13.55 and a 52 week high of $646.29. The company’s 50-day moving average price is $277.26 and its 200 day moving average price is $182.20.

Direxion Daily MU Bull 2X Shares Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 24th were given a dividend of $0.6767 per share. The ex-dividend date was Tuesday, March 24th. This is an increase from Direxion Daily MU Bull 2X Shares’s previous quarterly dividend of $0.38. This represents a $2.71 dividend on an annualized basis and a yield of 0.5%.

Direxion Daily MU Bull 2X Shares Company Profile

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.