Group One Trading LLC Buys New Stake in Direxion Daily MSCI Brazil Bull 2X Shares $BRZU

Group One Trading LLC purchased a new position in Direxion Daily MSCI Brazil Bull 2X Shares (NYSEARCA:BRZU) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 7,714 shares of the company’s stock, valued at approximately $861,000. Group One Trading LLC owned approximately 0.73% of Direxion Daily MSCI Brazil Bull 2X Shares as of its most recent SEC filing.

Separately, JPMorgan Chase & Co. grew its stake in shares of Direxion Daily MSCI Brazil Bull 2X Shares by 34.2% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,643 shares of the company’s stock valued at $173,000 after purchasing an additional 674 shares during the period.

Direxion Daily MSCI Brazil Bull 2X Shares Trading Up 5.2%

BRZU stock opened at $99.49 on Thursday. Direxion Daily MSCI Brazil Bull 2X Shares has a 1-year low of $54.07 and a 1-year high of $133.04. The business’s 50 day moving average is $92.19 and its 200-day moving average is $102.80. The firm has a market cap of $105.46 million, a P/E ratio of 10.75 and a beta of 1.22.

Direxion Daily MSCI Brazil Bull 2X Shares Profile

The Direxion Daily MSCI Brazil Bull 2X Shares (BRZU) is an exchange-traded fund that is based on the MSCI Brazil 25-50 index. The fund provides 2x daily leveraged exposure to a market-cap-weighted index of large- and mid-cap Brazilian companies. BRZU was launched on Apr 10, 2013 and is managed by Direxion.