Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU) Stock Price Down 3.2% – Here’s What Happened

Posted by ABMN Staff on Mar 19th, 2026

Shares of Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU – Get Free Report) dropped 3.2% during trading on Wednesday . The company traded as low as $22.41 and last traded at $22.45. Approximately 108,409 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 267,238 shares. The stock had previously closed at $23.20.

Direxion Daily BRKB Bull 2X Shares Trading Down 3.2%

The business has a 50-day moving average price of $23.57 and a 200-day moving average price of $24.51.

Direxion Daily BRKB Bull 2X Shares Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 23rd were paid a dividend of $0.2109 per share. This is an increase from Direxion Daily BRKB Bull 2X Shares’s previous quarterly dividend of $0.15. This represents a $0.84 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date was Tuesday, December 23rd.

Hedge Funds Weigh In On Direxion Daily BRKB Bull 2X Shares

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Jane Street Group LLC boosted its position in shares of Direxion Daily BRKB Bull 2X Shares by 350.5% during the 1st quarter. Jane Street Group LLC now owns 59,175 shares of the company’s stock valued at $1,882,000 after acquiring an additional 46,040 shares in the last quarter. Safe Harbor Fiduciary LLC acquired a new position in Direxion Daily BRKB Bull 2X Shares in the fourth quarter worth about $25,000. Finally, Optiver Holding B.V. bought a new position in Direxion Daily BRKB Bull 2X Shares during the third quarter worth about $139,000.

About Direxion Daily BRKB Bull 2X Shares

(Get Free Report)

The Direxion Daily BRKB Bull 2X Shares (BRKU) is an exchange-traded fund that mostly invests in industrials equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Berkshire Hathaway Stock. BRKU was launched on Dec 11, 2024 and is issued by Direxion.