TRUE Private Wealth Advisors Reduces Position in Direxion Daily MSFT Bull 2X Shares $MSFU

TRUE Private Wealth Advisors reduced its holdings in Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) by 3.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,368 shares of the company’s stock after selling 1,184 shares during the period. TRUE Private Wealth Advisors’ holdings in Direxion Daily MSFT Bull 2X Shares were worth $1,906,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of the business. SOA Wealth Advisors LLC. purchased a new position in Direxion Daily MSFT Bull 2X Shares in the 2nd quarter worth approximately $46,000. Simplex Trading LLC increased its holdings in shares of Direxion Daily MSFT Bull 2X Shares by 133.0% in the first quarter. Simplex Trading LLC now owns 13,030 shares of the company’s stock valued at $388,000 after purchasing an additional 7,437 shares during the last quarter. 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 1.9%

Shares of NASDAQ:MSFU opened at $45.64 on Wednesday. Direxion Daily MSFT Bull 2X Shares has a 52-week low of $25.06 and a 52-week high of $61.16. The stock has a market cap of $190.75 million, a P/E ratio of 42.77 and a beta of 1.67. The business has a fifty day moving average of $51.19 and a two-hundred day moving average of $49.30.

About Direxion Daily MSFT Bull 2X Shares

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.