Centric Wealth Management bought a new stake in T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU – Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 1,251,446 shares of the company’s stock, valued at approximately $5,819,000. T-Rex 2X Long MSTR Daily Target ETF comprises about 1.3% of Centric Wealth Management’s investment portfolio, making the stock its 17th biggest holding.
A number of other hedge funds have also recently added to or reduced their stakes in the business. Total Investment Management Inc. purchased a new stake in T-Rex 2X Long MSTR Daily Target ETF in the 2nd quarter valued at about $49,000. Spire Wealth Management boosted its position in shares of T-Rex 2X Long MSTR Daily Target ETF by 170.7% in the second quarter. Spire Wealth Management now owns 9,000 shares of the company’s stock worth $78,000 after acquiring an additional 5,675 shares during the last quarter. Verus Capital Partners LLC purchased a new stake in T-Rex 2X Long MSTR Daily Target ETF in the second quarter valued at approximately $130,000. Tactive Advisors LLC purchased a new stake in T-Rex 2X Long MSTR Daily Target ETF in the third quarter valued at approximately $73,000. Finally, Bogart Wealth LLC increased its position in T-Rex 2X Long MSTR Daily Target ETF by 41.7% during the second quarter. Bogart Wealth LLC now owns 17,000 shares of the company’s stock worth $147,000 after purchasing an additional 5,000 shares during the last quarter.
T-Rex 2X Long MSTR Daily Target ETF Trading Up 8.8%
BATS:MSTU opened at $7.56 on Friday. The stock’s fifty day moving average is $10.26 and its 200 day moving average is $38.61.
About T-Rex 2X Long MSTR Daily Target ETF
The T-Rex 2X Long MSTR Daily Target ETF (MSTU) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x leveraged exposure to the daily price movement of MicroStrategy Inc stock (NYSE: MSTR), less fees and expenses. MSTU was launched on Sep 18, 2024 and is issued by Tuttle Capital Management.
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