SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co Makes New $242,000 Investment in Direxion Daily MSFT Bull 2X Shares $MSFU

SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co purchased a new stake in shares of Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 4,500 shares of the company’s stock, valued at approximately $242,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Simplex Trading LLC increased its position in Direxion Daily MSFT Bull 2X Shares by 133.0% in the 1st quarter. Simplex Trading LLC now owns 13,030 shares of the company’s stock valued at $388,000 after acquiring an additional 7,437 shares during the period. SOA Wealth Advisors LLC. bought a new position in shares of Direxion Daily MSFT Bull 2X Shares in the second quarter worth $46,000. Finally, Jane Street Group LLC acquired a new position in shares of Direxion Daily MSFT Bull 2X Shares during the first quarter valued at $930,000.

Direxion Daily MSFT Bull 2X Shares Stock Down 2.9%

Shares of NASDAQ MSFU opened at $45.17 on Thursday. The stock has a market cap of $188.81 million, a P/E ratio of 42.77 and a beta of 1.67. The firm’s 50-day simple moving average is $51.11 and its 200 day simple moving average is $49.27. Direxion Daily MSFT Bull 2X Shares has a fifty-two week low of $25.06 and a fifty-two week high of $61.16.

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.