32,762 Shares of Direxion Daily META Bull 2X ETF $METU Purchased by StoneX Group Inc.

StoneX Group Inc. purchased a new stake in Direxion Daily META Bull 2X ETF (NASDAQ:METU) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 32,762 shares of the company’s stock, valued at approximately $1,003,000. StoneX Group Inc. owned about 0.20% of Direxion Daily META Bull 2X ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in METU. Parallel Advisors LLC grew its stake in shares of Direxion Daily META Bull 2X ETF by 50.0% during the first quarter. Parallel Advisors LLC now owns 1,200 shares of the company’s stock worth $27,000 after acquiring an additional 400 shares during the last quarter. SOA Wealth Advisors LLC. raised its position in shares of Direxion Daily META Bull 2X ETF by 27.9% in the 1st quarter. SOA Wealth Advisors LLC. now owns 2,364 shares of the company’s stock valued at $53,000 after purchasing an additional 515 shares during the last quarter. SBI Securities Co. Ltd. raised its position in shares of Direxion Daily META Bull 2X ETF by 17.7% in the 3rd quarter. SBI Securities Co. Ltd. now owns 5,573 shares of the company’s stock valued at $171,000 after purchasing an additional 839 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in Direxion Daily META Bull 2X ETF in the 2nd quarter worth approximately $186,000. Finally, Retirement Planning Co of New England Inc. boosted its stake in Direxion Daily META Bull 2X ETF by 7.9% in the 3rd quarter. Retirement Planning Co of New England Inc. now owns 20,425 shares of the company’s stock worth $626,000 after purchasing an additional 1,487 shares in the last quarter.

Direxion Daily META Bull 2X ETF Trading Up 10.2%

NASDAQ:METU opened at $23.28 on Tuesday. The company has a market cap of $348.73 million, a PE ratio of 24.62 and a beta of 3.06. Direxion Daily META Bull 2X ETF has a twelve month low of $16.85 and a twelve month high of $39.74. The company’s 50 day moving average is $26.84 and its two-hundred day moving average is $25.91.

Direxion Daily META Bull 2X ETF Company Profile

The Direxion Daily META Bull 2X Shares (METU) is an exchange-traded fund that is based on the Meta Platforms Inc Class A index. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of META stock. METU was launched on Jun 5, 2024 and is issued by Direxion.