Delta Investment Management LLC Takes $341,000 Position in Direxion Daily MU Bull 2X Shares $MUU

Delta Investment Management LLC acquired a new stake in Direxion Daily MU Bull 2X Shares (NASDAQ:MUU) in the 2nd quarter, Holdings Channel reports. The firm acquired 14,041 shares of the company’s stock, valued at approximately $341,000.

Separately, Goldman Sachs Group Inc. purchased a new position in shares of Direxion Daily MU Bull 2X Shares in the 1st quarter valued at about $716,000.

Direxion Daily MU Bull 2X Shares Trading Up 12.1%

Shares of MUU opened at $68.75 on Monday. The stock has a 50-day simple moving average of $39.09 and a 200-day simple moving average of $25.17. Direxion Daily MU Bull 2X Shares has a 1 year low of $6.77 and a 1 year high of $69.23.

Direxion Daily MU Bull 2X Shares Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 23rd were given a dividend of $0.0639 per share. This represents a $0.26 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Tuesday, September 23rd.

About Direxion Daily MU Bull 2X Shares

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.