Optiver Holding B.V. Lowers Holdings in Direxion Daily MSCI Brazil Bull 2X Shares $BRZU

Optiver Holding B.V. trimmed its stake in Direxion Daily MSCI Brazil Bull 2X Shares (NYSEARCA:BRZU) by 69.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,300 shares of the company’s stock after selling 12,335 shares during the quarter. Optiver Holding B.V. owned 0.31% of Direxion Daily MSCI Brazil Bull 2X Shares worth $390,000 at the end of the most recent quarter.

Separately, Addison Advisors LLC bought a new position in Direxion Daily MSCI Brazil Bull 2X Shares in the 2nd quarter worth about $26,000.

Direxion Daily MSCI Brazil Bull 2X Shares Stock Performance

Shares of BRZU stock opened at $118.36 on Friday. The company has a market capitalization of $155.05 million, a price-to-earnings ratio of 10.75 and a beta of 1.75. Direxion Daily MSCI Brazil Bull 2X Shares has a one year low of $41.93 and a one year high of $121.73. The company’s 50-day moving average is $98.41 and its 200 day moving average is $81.70.

About Direxion Daily MSCI Brazil Bull 2X Shares

The Direxion Daily MSCI Brazil Bull 2X Shares (BRZU) is an exchange-traded fund that is based on the MSCI Brazil 25-50 index. The fund provides 2x daily leveraged exposure to a market-cap-weighted index of large- and mid-cap Brazilian companies. BRZU was launched on Apr 10, 2013 and is managed by Direxion.