Virtu Financial LLC Raises Stock Holdings in Direxion Daily NVDA Bull 2X Shares $NVDU

Virtu Financial LLC increased its holdings in shares of Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) by 600.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 19,859 shares of the company’s stock after acquiring an additional 17,022 shares during the quarter. Virtu Financial LLC owned approximately 0.43% of Direxion Daily NVDA Bull 2X Shares worth $2,338,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. UBS Group AG grew its position in Direxion Daily NVDA Bull 2X Shares by 120.0% during the third quarter. UBS Group AG now owns 275,000 shares of the company’s stock valued at $36,061,000 after buying an additional 149,978 shares during the period. IMC Chicago LLC purchased a new stake in Direxion Daily NVDA Bull 2X Shares during the fourth quarter worth about $5,211,000. HRT Financial LP bought a new stake in Direxion Daily NVDA Bull 2X Shares in the second quarter worth about $1,925,000. Tower Research Capital LLC TRC raised its position in Direxion Daily NVDA Bull 2X Shares by 115.3% in the third quarter. Tower Research Capital LLC TRC now owns 27,706 shares of the company’s stock worth $3,633,000 after acquiring an additional 14,838 shares during the period. Finally, Jump Financial LLC boosted its stake in Direxion Daily NVDA Bull 2X Shares by 206.1% in the third quarter. Jump Financial LLC now owns 20,221 shares of the company’s stock valued at $2,652,000 after acquiring an additional 13,614 shares during the last quarter.

Direxion Daily NVDA Bull 2X Shares Price Performance

NVDU opened at $133.24 on Friday. Direxion Daily NVDA Bull 2X Shares has a twelve month low of $81.02 and a twelve month high of $172.89. The company’s 50-day moving average price is $136.35 and its two-hundred day moving average price is $120.28. The stock has a market cap of $586.26 million, a price-to-earnings ratio of 42.98 and a beta of 3.73.

Direxion Daily NVDA Bull 2X Shares Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 24th were issued a $0.5254 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Tuesday, March 24th.

About Direxion Daily NVDA Bull 2X Shares

The Direxion Daily NVDA Bull 2X Shares (NVDU) 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 NVIDIA stock. NVDU was launched on Sep 13, 2023 and is issued by Direxion.