PFG Investments LLC Invests $482,000 in Direxion Daily MU Bull 2X Shares $MUU

PFG Investments LLC acquired a new stake in shares of Direxion Daily MU Bull 2X Shares (NASDAQ:MUU) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 4,000 shares of the company’s stock, valued at approximately $482,000. PFG Investments LLC owned about 0.08% of Direxion Daily MU Bull 2X Shares as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tower Research Capital LLC TRC grew its position in Direxion Daily MU Bull 2X Shares by 95.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,644 shares of the company’s stock worth $64,000 after purchasing an additional 1,289 shares during the period. SBI Securities Co. Ltd. boosted its stake in shares of Direxion Daily MU Bull 2X Shares by 98.0% in the 4th quarter. SBI Securities Co. Ltd. now owns 1,275 shares of the company’s stock worth $128,000 after buying an additional 631 shares during the last quarter. Csenge Advisory Group purchased a new position in shares of Direxion Daily MU Bull 2X Shares in the 4th quarter worth $677,000. Goldman Sachs Group Inc. bought a new stake in shares of Direxion Daily MU Bull 2X Shares in the first quarter worth $716,000. Finally, Citadel Advisors LLC bought a new stake in shares of Direxion Daily MU Bull 2X Shares in the third quarter worth $840,000.

Direxion Daily MU Bull 2X Shares Price Performance

MUU stock opened at $688.61 on Wednesday. Direxion Daily MU Bull 2X Shares has a fifty-two week low of $16.73 and a fifty-two week high of $1,252.80. The business’s 50-day moving average is $732.73 and its two-hundred day moving average is $368.18.

Direxion Daily MU Bull 2X Shares Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were given a dividend of $2.047 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $8.19 annualized dividend and a dividend yield of 1.2%.

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.