Virtu Financial LLC increased its holdings in shares of Direxion Daily S&P 500 Bull 2X Shares (NYSEARCA:SPUU – Free Report) by 295.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 35,007 shares of the company’s stock after acquiring an additional 26,163 shares during the period. Direxion Daily S&P 500 Bull 2X Shares comprises 0.2% of Virtu Financial LLC’s portfolio, making the stock its 26th biggest position. Virtu Financial LLC’s holdings in Direxion Daily S&P 500 Bull 2X Shares were worth $6,445,000 as of its most recent SEC filing.
Other large investors also recently bought and sold shares of the company. Bison Wealth LLC bought a new position in Direxion Daily S&P 500 Bull 2X Shares in the 4th quarter valued at $210,000. Revere Asset Management Inc purchased a new stake in Direxion Daily S&P 500 Bull 2X Shares in the fourth quarter worth $22,611,000. Tower Research Capital LLC TRC bought a new stake in shares of Direxion Daily S&P 500 Bull 2X Shares during the second quarter worth $7,678,000. UBS Group AG bought a new stake in shares of Direxion Daily S&P 500 Bull 2X Shares during the third quarter worth $3,238,000. Finally, Mariner LLC purchased a new stake in shares of Direxion Daily S&P 500 Bull 2X Shares during the fourth quarter valued at $208,000.
Direxion Daily S&P 500 Bull 2X Shares Trading Up 2.1%
Shares of SPUU opened at $215.95 on Friday. The firm has a fifty day moving average price of $206.43 and a 200-day moving average price of $190.81. The firm has a market capitalization of $244.02 million, a P/E ratio of 25.96 and a beta of 2.02. Direxion Daily S&P 500 Bull 2X Shares has a 12-month low of $144.54 and a 12-month high of $223.49.
About Direxion Daily S&P 500 Bull 2X Shares
The Direxion Daily S&P 500 Bull 2X Shares (SPUU) is an exchange-traded fund that is based on the S&P 500 index. The fund provides 2x daily leveraged exposure to the S&P 500, a market-cap-weighted index of US large-cap stocks selected by S&Ps index committee. SPUU was launched on May 28, 2014 and is managed by Direxion.
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