Virtu Financial LLC Purchases 17,022 Shares of Direxion Daily NVDA Bull 2X Shares $NVDU

Virtu Financial LLC grew its position in shares of Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) by 600.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 19,859 shares of the company’s stock after purchasing an additional 17,022 shares during the quarter. Virtu Financial LLC’s holdings in Direxion Daily NVDA Bull 2X Shares were worth $2,338,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the company. PayPay Securities Corp grew its stake in shares of Direxion Daily NVDA Bull 2X Shares by 52.5% during the 4th quarter. PayPay Securities Corp now owns 334 shares of the company’s stock worth $39,000 after acquiring an additional 115 shares during the period. Tucker Asset Management LLC bought a new stake in Direxion Daily NVDA Bull 2X Shares in the 4th quarter valued at about $69,000. Group One Trading LLC bought a new stake in Direxion Daily NVDA Bull 2X Shares in the 3rd quarter valued at about $175,000. TRUE Private Wealth Advisors purchased a new stake in Direxion Daily NVDA Bull 2X Shares during the third quarter valued at about $204,000. Finally, Mercer Global Advisors Inc. ADV purchased a new stake in Direxion Daily NVDA Bull 2X Shares during the third quarter valued at about $262,000.

Direxion Daily NVDA Bull 2X Shares Price Performance

Shares of NASDAQ:NVDU opened at $133.24 on Friday. The firm has a market capitalization of $586.26 million, a PE ratio of 42.98 and a beta of 3.73. Direxion Daily NVDA Bull 2X Shares has a twelve month low of $81.02 and a twelve month high of $172.89. The company has a 50-day moving average price of $136.35 and a two-hundred day moving average price of $120.28.

Direxion Daily NVDA Bull 2X Shares Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th were given a $0.5254 dividend. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $2.10 annualized dividend and a dividend yield of 1.6%.

About Direxion Daily NVDA Bull 2X Shares

The Direxion Daily NVDA Bull 2X Shares (NVDU) 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 NVIDIA stock. NVDU was launched on Sep 13, 2023 and is issued by Direxion.