SOA Wealth Advisors LLC. bought a new position in shares of Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 929 shares of the company’s stock, valued at approximately $46,000.
Other hedge funds have also recently bought and sold shares of the company. SBI Securities Co. Ltd. raised its stake in Direxion Daily MSFT Bull 2X Shares by 34.8% during the first quarter. SBI Securities Co. Ltd. now owns 9,110 shares of the company’s stock worth $272,000 after purchasing an additional 2,351 shares during the period. Simplex Trading LLC raised its stake in Direxion Daily MSFT Bull 2X Shares by 133.0% during the first quarter. Simplex Trading LLC now owns 13,030 shares of the company’s stock worth $388,000 after purchasing an additional 7,437 shares during the period. Finally, Jane Street Group LLC purchased a new position in Direxion Daily MSFT Bull 2X Shares during the first quarter worth approximately $930,000.
Direxion Daily MSFT Bull 2X Shares Stock Down 1.6%
NASDAQ:MSFU opened at $51.65 on Friday. The company has a market cap of $189.56 million, a P/E ratio of 42.77 and a beta of -2.33. Direxion Daily MSFT Bull 2X Shares has a fifty-two week low of $25.06 and a fifty-two week high of $61.16. The firm’s 50 day moving average is $51.83 and its two-hundred day moving average is $44.27.
Direxion Daily MSFT Bull 2X Shares Profile
The Direxion Daily MSFT Bull 1.5X Shares ETF (MSFU) is an exchange-traded fund that is based on the Microsoft Corporation index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Microsoft stock. MSFU was launched on Sep 7, 2022 and is managed by Direxion.
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