Optiver Holding B.V. Sells 21,658 Shares of Direxion Daily AVGO Bull 2X Shares $AVL

Optiver Holding B.V. reduced its position in Direxion Daily AVGO Bull 2X Shares (NASDAQ:AVL) by 86.6% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 3,357 shares of the company’s stock after selling 21,658 shares during the period. Optiver Holding B.V.’s holdings in Direxion Daily AVGO Bull 2X Shares were worth $176,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in AVL. SBI Securities Co. Ltd. increased its stake in shares of Direxion Daily AVGO Bull 2X Shares by 1,843.9% in the second quarter. SBI Securities Co. Ltd. now owns 797 shares of the company’s stock worth $31,000 after purchasing an additional 756 shares in the last quarter. Cresset Asset Management LLC bought a new position in Direxion Daily AVGO Bull 2X Shares in the 2nd quarter worth approximately $236,000. Finally, Client First Investment Management LLC grew its stake in Direxion Daily AVGO Bull 2X Shares by 78.6% in the 3rd quarter. Client First Investment Management LLC now owns 40,375 shares of the company’s stock valued at $2,113,000 after buying an additional 17,772 shares in the last quarter. Hedge funds and other institutional investors own 2.95% of the company’s stock.

Direxion Daily AVGO Bull 2X Shares Price Performance

Direxion Daily AVGO Bull 2X Shares stock opened at $36.55 on Friday. The firm has a market capitalization of $184.58 million, a P/E ratio of -1,827.50 and a beta of 9.35. Direxion Daily AVGO Bull 2X Shares has a one year low of $10.68 and a one year high of $74.75. The business has a fifty day moving average price of $41.11 and a 200-day moving average price of $50.78.

Direxion Daily AVGO Bull 2X Shares Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 23rd were given a dividend of $0.1584 per share. This represents a $0.63 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Tuesday, December 23rd. Direxion Daily AVGO Bull 2X Shares’s dividend payout ratio (DPR) is -64,000.00%.

Direxion Daily AVGO Bull 2X Shares Company Profile

The Direxion Daily AVGO Bull 2X Shares (AVL) 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 Broadcom Inc stock. AVL was launched on Oct 10, 2024 and is issued by Direxion.