Direxion Daily AMZN Bull 2X Shares $AMZU Shares Sold by Group One Trading LLC

Group One Trading LLC lessened its position in Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) by 53.4% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 27,353 shares of the company’s stock after selling 31,357 shares during the period. Group One Trading LLC’s holdings in Direxion Daily AMZN Bull 2X Shares were worth $735,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. FNY Investment Advisers LLC bought a new position in Direxion Daily AMZN Bull 2X Shares during the fourth quarter valued at about $25,000. Safe Harbor Fiduciary LLC acquired a new position in Direxion Daily AMZN Bull 2X Shares during the fourth quarter worth about $41,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Direxion Daily AMZN Bull 2X Shares in the fourth quarter worth about $47,000. Hollencrest Capital Management bought a new stake in Direxion Daily AMZN Bull 2X Shares in the fourth quarter worth about $69,000. Finally, Parallel Advisors LLC lifted its holdings in Direxion Daily AMZN Bull 2X Shares by 507.7% in the 3rd quarter. Parallel Advisors LLC now owns 1,975 shares of the company’s stock valued at $69,000 after acquiring an additional 1,650 shares during the last quarter.

Direxion Daily AMZN Bull 2X Shares Trading Down 2.2%

NASDAQ:AMZU opened at $34.78 on Thursday. The company has a 50-day moving average of $37.05 and a 200-day moving average of $34.64. The firm has a market cap of $319.98 million, a price-to-earnings ratio of 32.75 and a beta of 2.57. Direxion Daily AMZN Bull 2X Shares has a twelve month low of $24.54 and a twelve month high of $47.14.

Direxion Daily AMZN Bull 2X Shares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were given a $0.1722 dividend. The ex-dividend date was Tuesday, June 23rd. This represents a $0.69 annualized dividend and a yield of 2.0%.

Direxion Daily AMZN Bull 2X Shares Profile

The Direxion Daily AMZN Bull 1.5X Shares ETF (AMZU) is an exchange-traded fund that is based on the Amazon.com, Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Amazon stock. AMZU was launched on Sep 7, 2022 and is managed by Direxion.