21,975 Shares in Direxion Daily NVDA Bull 2X Shares $NVDU Bought by Flow Traders U.S. LLC

Flow Traders U.S. LLC acquired a new position in shares of Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) in the second quarter, Holdings Channel.com reports. The firm acquired 21,975 shares of the company’s stock, valued at approximately $2,175,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in NVDU. Wealthcare Advisory Partners LLC purchased a new stake in shares of Direxion Daily NVDA Bull 2X Shares during the second quarter worth about $396,000. PNC Financial Services Group Inc. lifted its stake in Direxion Daily NVDA Bull 2X Shares by 850.0% in the 2nd quarter. PNC Financial Services Group Inc. now owns 3,800 shares of the company’s stock valued at $376,000 after buying an additional 3,400 shares in the last quarter. Chicago Partners Investment Group LLC acquired a new stake in Direxion Daily NVDA Bull 2X Shares in the 2nd quarter worth about $181,000. Headlands Technologies LLC acquired a new stake in Direxion Daily NVDA Bull 2X Shares in the 1st quarter worth about $75,000. Finally, Western Pacific Wealth Management LP increased its stake in Direxion Daily NVDA Bull 2X Shares by 103.3% during the 2nd quarter. Western Pacific Wealth Management LP now owns 1,000 shares of the company’s stock worth $99,000 after buying an additional 508 shares in the last quarter.

Direxion Daily NVDA Bull 2X Shares Price Performance

Shares of Direxion Daily NVDA Bull 2X Shares stock opened at $119.38 on Monday. The stock has a market capitalization of $570.64 million, a P/E ratio of 42.98 and a beta of 4.20. The business has a 50 day simple moving average of $129.08 and a two-hundred day simple moving average of $114.58. Direxion Daily NVDA Bull 2X Shares has a 12 month low of $32.63 and a 12 month high of $165.77.

Direxion Daily NVDA Bull 2X Shares Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Tuesday, September 23rd were paid a $0.4973 dividend. This represents a $1.99 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, September 23rd.

Direxion Daily NVDA Bull 2X Shares Profile

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.