SG Americas Securities LLC Purchases New Position in Direxion Daily AMZN Bull 2X Shares $AMZU

SG Americas Securities LLC acquired a new position in shares of Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 94,785 shares of the company’s stock, valued at approximately $2,546,000. SG Americas Securities LLC owned approximately 1.05% of Direxion Daily AMZN Bull 2X Shares at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in AMZU. UBS Group AG grew its stake in shares of Direxion Daily AMZN Bull 2X Shares by 9,912.7% during the fourth quarter. UBS Group AG now owns 456,078 shares of the company’s stock worth $15,940,000 after buying an additional 451,523 shares during the last quarter. Group One Trading LLC lifted its stake in shares of Direxion Daily AMZN Bull 2X Shares by 122.2% in the 3rd quarter. Group One Trading LLC now owns 76,418 shares of the company’s stock valued at $2,658,000 after acquiring an additional 42,031 shares during the last quarter. Virtu Financial LLC bought a new position in shares of Direxion Daily AMZN Bull 2X Shares in the 4th quarter valued at $1,976,000. TRUE Private Wealth Advisors boosted its holdings in shares of Direxion Daily AMZN Bull 2X Shares by 1.3% during the 3rd quarter. TRUE Private Wealth Advisors now owns 53,509 shares of the company’s stock valued at $1,861,000 after acquiring an additional 683 shares in the last quarter. Finally, Jane Street Group LLC boosted its holdings in shares of Direxion Daily AMZN Bull 2X Shares by 52.3% during the 1st quarter. Jane Street Group LLC now owns 38,665 shares of the company’s stock valued at $1,158,000 after acquiring an additional 13,270 shares in the last quarter.

Direxion Daily AMZN Bull 2X Shares Stock Down 1.6%

Shares of AMZU opened at $33.22 on Wednesday. Direxion Daily AMZN Bull 2X Shares has a 12-month low of $24.54 and a 12-month high of $47.14. The business has a 50-day simple moving average of $39.29 and a two-hundred day simple moving average of $34.55. The stock has a market cap of $338.18 million, a PE ratio of 32.75 and a beta of 2.48.

Direxion Daily AMZN Bull 2X Shares Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were issued a $0.1722 dividend. This represents a $0.69 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Tuesday, June 23rd.

Direxion Daily AMZN Bull 2X Shares Company Profile

The Direxion Daily AMZN Bull 1.5X Shares ETF (AMZU) is an exchange-traded fund that is based on the Amazon.com, Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Amazon stock. AMZU was launched on Sep 7, 2022 and is managed by Direxion.