Virtu Financial LLC Acquires Shares of 56,551 Direxion Daily AMZN Bull 2X Shares $AMZU

Virtu Financial LLC acquired a new position in shares of Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 56,551 shares of the company’s stock, valued at approximately $1,976,000. Virtu Financial LLC owned about 0.60% of Direxion Daily AMZN Bull 2X Shares as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Safe Harbor Fiduciary LLC purchased a new stake in shares of Direxion Daily AMZN Bull 2X Shares in the fourth quarter valued at about $41,000. Hollencrest Capital Management purchased a new position in Direxion Daily AMZN Bull 2X Shares during the fourth quarter worth about $69,000. UBS Group AG raised its holdings in Direxion Daily AMZN Bull 2X Shares by 9,912.7% during the fourth quarter. UBS Group AG now owns 456,078 shares of the company’s stock worth $15,940,000 after purchasing an additional 451,523 shares in the last quarter. Focused Wealth Management Inc acquired a new stake in Direxion Daily AMZN Bull 2X Shares in the fourth quarter valued at about $620,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Direxion Daily AMZN Bull 2X Shares in the fourth quarter valued at about $47,000.

Direxion Daily AMZN Bull 2X Shares Trading Up 0.1%

Shares of AMZU opened at $35.46 on Friday. Direxion Daily AMZN Bull 2X Shares has a twelve month low of $24.54 and a twelve month high of $47.14. The stock’s 50 day moving average is $39.91 and its two-hundred day moving average is $34.78. The firm has a market capitalization of $360.98 million, a PE ratio of 32.75 and a beta of 2.48.

Direxion Daily AMZN Bull 2X Shares Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th were issued a $0.1694 dividend. This represents a $0.68 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Tuesday, March 24th.

About Direxion Daily AMZN Bull 2X Shares

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.