Direxion Daily MSFT Bull 2X ETF $MSFU Shares Newly Bought by StoneX Group Inc.

StoneX Group Inc. bought a new stake in shares of Direxion Daily MSFT Bull 2X ETF (NASDAQ:MSFU) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 56,160 shares of the company’s stock, valued at approximately $2,024,000. StoneX Group Inc. owned approximately 0.55% of Direxion Daily MSFT Bull 2X ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. PayPay Securities Corp boosted its position in shares of Direxion Daily MSFT Bull 2X ETF by 58.4% in the 2nd quarter. PayPay Securities Corp now owns 1,372 shares of the company’s stock worth $30,000 after purchasing an additional 506 shares in the last quarter. SOA Wealth Advisors LLC. increased its position in Direxion Daily MSFT Bull 2X ETF by 147.3% during the 1st quarter. SOA Wealth Advisors LLC. now owns 1,679 shares of the company’s stock valued at $39,000 after buying an additional 1,000 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in Direxion Daily MSFT Bull 2X ETF during the 3rd quarter valued at approximately $67,000. Parallel Advisors LLC raised its stake in Direxion Daily MSFT Bull 2X ETF by 296.5% during the first quarter. Parallel Advisors LLC now owns 6,840 shares of the company’s stock valued at $157,000 after buying an additional 5,115 shares during the last quarter. Finally, Genesee Capital Advisors LLC purchased a new position in Direxion Daily MSFT Bull 2X ETF during the third quarter valued at $201,000.

Direxion Daily MSFT Bull 2X ETF Stock Performance

Shares of NASDAQ:MSFU opened at $41.27 on Monday. The stock has a fifty day simple moving average of $39.97 and a two-hundred day simple moving average of $31.29. Direxion Daily MSFT Bull 2X ETF has a 12-month low of $19.47 and a 12-month high of $50.39. The stock has a market capitalization of $389.18 million, a price-to-earnings ratio of 42.77 and a beta of 1.88.

About Direxion Daily MSFT Bull 2X ETF

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.