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

StoneX Group Inc. acquired a new stake in Direxion Daily META Bull 2X ETF (NASDAQ:METU) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 32,762 shares of the company’s stock, valued at approximately $1,003,000.

Other institutional investors have also recently modified their holdings of the company. Parallel Advisors LLC raised its stake in shares of Direxion Daily META Bull 2X ETF by 50.0% in the first quarter. Parallel Advisors LLC now owns 1,200 shares of the company’s stock worth $27,000 after purchasing an additional 400 shares during the last quarter. SOA Wealth Advisors LLC. boosted its position in Direxion Daily META Bull 2X ETF by 27.9% in the first quarter. SOA Wealth Advisors LLC. now owns 2,364 shares of the company’s stock valued at $53,000 after buying an additional 515 shares during the last quarter. SBI Securities Co. Ltd. boosted its position in Direxion Daily META Bull 2X ETF by 17.7% in the third quarter. SBI Securities Co. Ltd. now owns 5,573 shares of the company’s stock valued at $171,000 after buying an additional 839 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in Direxion Daily META Bull 2X ETF in the second quarter valued at approximately $186,000. Finally, Retirement Planning Co of New England Inc. increased its holdings 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 buying an additional 1,487 shares during the period.

Direxion Daily META Bull 2X ETF Trading Up 10.2%

Shares of NASDAQ:METU opened at $23.28 on Tuesday. Direxion Daily META Bull 2X ETF has a twelve month low of $16.85 and a twelve month high of $39.74. The company has a market cap of $348.73 million, a PE ratio of 24.62 and a beta of 3.06. The company’s 50 day moving average is $26.84 and its 200 day moving average is $25.91.

Direxion Daily META Bull 2X ETF 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.