PFG Investments LLC Makes New Investment in Direxion Daily MU Bull 2X Shares $MUU

PFG Investments LLC acquired a new stake in shares of Direxion Daily MU Bull 2X Shares (NASDAQ:MUUFree Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 4,000 shares of the company’s stock, valued at approximately $482,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Goldman Sachs Group Inc. bought a new position in Direxion Daily MU Bull 2X Shares in the 1st quarter worth $716,000. Tower Research Capital LLC TRC grew its holdings in Direxion Daily MU Bull 2X Shares by 95.1% during the second quarter. Tower Research Capital LLC TRC now owns 2,644 shares of the company’s stock valued at $64,000 after purchasing an additional 1,289 shares during the period. Citadel Advisors LLC purchased a new stake in Direxion Daily MU Bull 2X Shares in the third quarter worth about $840,000. UBS Group AG purchased a new stake in Direxion Daily MU Bull 2X Shares in the fourth quarter worth about $10,100,000. Finally, SBI Securities Co. Ltd. raised its stake in shares of Direxion Daily MU Bull 2X Shares by 98.0% in the fourth quarter. SBI Securities Co. Ltd. now owns 1,275 shares of the company’s stock worth $128,000 after buying an additional 631 shares during the period.

Direxion Daily MU Bull 2X Shares Stock Down 9.4%

MUU stock opened at $688.61 on Wednesday. The business’s 50-day moving average price is $732.73 and its 200-day moving average price is $368.18. Direxion Daily MU Bull 2X Shares has a twelve month low of $16.73 and a twelve month high of $1,252.80.

Direxion Daily MU Bull 2X Shares Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 23rd were issued a dividend of $2.047 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $8.19 annualized dividend and a yield of 1.2%.

About Direxion Daily MU Bull 2X Shares

(Free Report)

The Direxion Daily MU Bull 2X Shares (MUU) 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 Micron Technology, Inc stock. MUU was launched on Oct 10, 2024 and is issued by Direxion.

See Also

Want to see what other hedge funds are holding MUU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily MU Bull 2X Shares (NASDAQ:MUUFree Report).

Institutional Ownership by Quarter for Direxion Daily MU Bull 2X Shares (NASDAQ:MUU)

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