Client First Investment Management LLC Makes New Investment in Direxion Daily MU Bull 2X Shares $MUU

Client First Investment Management LLC purchased a new position in Direxion Daily MU Bull 2X Shares (NASDAQ:MUU) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 8,765 shares of the company’s stock, valued at approximately $883,000. Direxion Daily MU Bull 2X Shares accounts for 0.5% of Client First Investment Management LLC’s holdings, making the stock its 19th largest position. Client First Investment Management LLC owned approximately 0.13% of Direxion Daily MU Bull 2X Shares as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the business. UBS Group AG acquired a new stake in shares of Direxion Daily MU Bull 2X Shares during the 4th quarter worth approximately $10,100,000. Goldman Sachs Group Inc. acquired a new stake in shares of Direxion Daily MU Bull 2X Shares during the 1st quarter worth approximately $716,000. Optiver Holding B.V. grew its holdings in shares of Direxion Daily MU Bull 2X Shares by 166.8% during the 3rd quarter. Optiver Holding B.V. now owns 36,840 shares of the company’s stock worth $1,528,000 after purchasing an additional 23,032 shares in the last quarter. Citadel Advisors LLC acquired a new stake in shares of Direxion Daily MU Bull 2X Shares during the 3rd quarter worth approximately $840,000. Finally, Csenge Advisory Group acquired a new stake in shares of Direxion Daily MU Bull 2X Shares during the 4th quarter worth approximately $677,000.

Direxion Daily MU Bull 2X Shares Price Performance

Shares of NASDAQ:MUU opened at $794.01 on Thursday. Direxion Daily MU Bull 2X Shares has a 1-year low of $13.90 and a 1-year high of $840.30. The business’s 50 day moving average is $313.57 and its 200-day moving average is $198.38.

Direxion Daily MU Bull 2X Shares Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th were issued a dividend of $0.6767 per share. This represents a $2.71 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Tuesday, March 24th. This is a boost from Direxion Daily MU Bull 2X Shares’s previous quarterly dividend of $0.38.

Direxion Daily MU Bull 2X Shares Company Profile

The Direxion Daily MU Bull 2X Shares (MUU) 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 Micron Technology, Inc stock. MUU was launched on Oct 10, 2024 and is issued by Direxion.