Transcend Capital Advisors LLC bought a new position in Direxion Daily MSCI Brazil Bull 2X Shares (NYSEARCA:BRZU – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 215,000 shares of the company’s stock, valued at approximately $8,903,000. Transcend Capital Advisors LLC owned approximately 17.06% of Direxion Daily MSCI Brazil Bull 2X Shares as of its most recent filing with the SEC.
Separately, Flow Traders U.S. LLC increased its position in Direxion Daily MSCI Brazil Bull 2X Shares by 3.2% in the third quarter. Flow Traders U.S. LLC now owns 24,170 shares of the company’s stock worth $1,687,000 after buying an additional 748 shares in the last quarter.
Direxion Daily MSCI Brazil Bull 2X Shares Stock Up 0.8 %
NYSEARCA:BRZU opened at $55.29 on Friday. The stock has a market cap of $69.67 million, a PE ratio of 6.82 and a beta of 1.92. The business’s 50-day simple moving average is $47.45 and its two-hundred day simple moving average is $59.13. Direxion Daily MSCI Brazil Bull 2X Shares has a 52 week low of $40.61 and a 52 week high of $96.41.
About Direxion Daily MSCI Brazil Bull 2X Shares
The Direxion Daily MSCI Brazil Bull 2X Shares (BRZU) is an exchange-traded fund that is based on the MSCI Brazil 25-50 index. The fund provides 2x daily leveraged exposure to a market-cap-weighted index of large- and mid-cap Brazilian companies. BRZU was launched on Apr 10, 2013 and is managed by Direxion.
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