T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU) Sets New 12-Month Low – Here’s What Happened

T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $2.98 and last traded at $2.99, with a volume of 29295925 shares traded. The stock had previously closed at $3.08.

T-Rex 2X Long MSTR Daily Target ETF Trading Up 5.2%

The business has a 50-day moving average price of $6.07 and a 200-day moving average price of $7.37.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Apollon Wealth Management LLC acquired a new position in T-Rex 2X Long MSTR Daily Target ETF during the first quarter valued at $42,000. NorthRock Partners LLC acquired a new position in T-Rex 2X Long MSTR Daily Target ETF during the third quarter valued at $46,000. NewEdge Advisors LLC purchased a new position in T-Rex 2X Long MSTR Daily Target ETF in the first quarter valued at about $51,000. Focus Partners Wealth purchased a new position in T-Rex 2X Long MSTR Daily Target ETF in the third quarter valued at about $70,000. Finally, United Capital Management of KS Inc. grew its stake in T-Rex 2X Long MSTR Daily Target ETF by 91.6% in the third quarter. United Capital Management of KS Inc. now owns 28,771 shares of the company’s stock valued at $134,000 after purchasing an additional 13,754 shares in the last quarter.

About T-Rex 2X Long MSTR Daily Target ETF

The T-Rex 2X Long MSTR Daily Target ETF (MSTU) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x leveraged exposure to the daily price movement of MicroStrategy Inc stock (NYSE: MSTR), less fees and expenses. MSTU was launched on Sep 18, 2024 and is issued by Tuttle Capital Management.