Direxion Daily MU Bull 2X ETF (NASDAQ:MUU – Get Free Report) gapped down prior to trading on Thursday. The stock had previously closed at $18.75, but opened at $16.78. Direxion Daily MU Bull 2X ETF shares last traded at $16.7180, with a volume of 9,313,508 shares traded.
Direxion Daily MU Bull 2X ETF Stock Performance
The business’s 50 day moving average price is $29.22 and its two-hundred day moving average price is $24.83.
Institutional Investors Weigh In On Direxion Daily MU Bull 2X ETF
Institutional investors have recently made changes to their positions in the company. Csenge Advisory Group raised its position in Direxion Daily MU Bull 2X ETF by 1,900.0% in the third quarter. Csenge Advisory Group now owns 134,140 shares of the company’s stock worth $4,939,000 after acquiring an additional 127,433 shares during the period. StoneX Group Inc. purchased a new position in shares of Direxion Daily MU Bull 2X ETF in the third quarter worth $4,129,000. Dedeker Financial LLC increased its holdings in Direxion Daily MU Bull 2X ETF by 1,919.7% in the 3rd quarter. Dedeker Financial LLC now owns 111,122 shares of the company’s stock valued at $4,092,000 after acquiring an additional 105,620 shares during the last quarter. Hoey Investments Inc. increased its holdings in Direxion Daily MU Bull 2X ETF by 6,280.7% in the 3rd quarter. Hoey Investments Inc. now owns 99,730 shares of the company’s stock valued at $3,672,000 after acquiring an additional 98,167 shares during the last quarter. Finally, MGO One Seven LLC increased its holdings in Direxion Daily MU Bull 2X ETF by 1,928.0% in the 3rd quarter. MGO One Seven LLC now owns 82,257 shares of the company’s stock valued at $3,029,000 after acquiring an additional 78,201 shares during the last quarter.
Direxion Daily MU Bull 2X ETF Company Profile
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.
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