Capital CS Group LLC Makes New $314,000 Investment in Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU)

Capital CS Group LLC purchased a new position in Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 6,329 shares of the company’s stock, valued at approximately $314,000. Capital CS Group LLC owned approximately 0.30% of Direxion Daily MSFT Bull 2X Shares as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Virtu Financial LLC acquired a new position in shares of Direxion Daily MSFT Bull 2X Shares during the first quarter worth $240,000. TRUE Private Wealth Advisors grew its stake in shares of Direxion Daily MSFT Bull 2X Shares by 1.3% during the first quarter. TRUE Private Wealth Advisors now owns 38,477 shares of the company’s stock worth $1,762,000 after purchasing an additional 495 shares in the last quarter. Finally, Elevatus Welath Management acquired a new position in shares of Direxion Daily MSFT Bull 2X Shares during the first quarter worth $6,939,000.

Direxion Daily MSFT Bull 2X Shares Stock Performance

NASDAQ MSFU traded up $0.56 during trading hours on Friday, hitting $40.21. The company had a trading volume of 210,788 shares, compared to its average volume of 254,466. Direxion Daily MSFT Bull 2X Shares has a 1-year low of $30.31 and a 1-year high of $54.39. The company has a market cap of $92.48 million, a PE ratio of 43.52 and a beta of -2.33. The business has a 50 day moving average of $47.56 and a 200-day moving average of $45.60.

Direxion Daily MSFT Bull 2X Shares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 2nd. Shareholders of record on Tuesday, June 25th were paid a $0.3713 dividend. The ex-dividend date of this dividend was Tuesday, June 25th. This represents a $1.49 annualized dividend and a yield of 3.69%.

Direxion Daily MSFT Bull 2X Shares Company Profile

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.