Direxion Daily PLTR Bull 2X ETF (NASDAQ:PLTU) Shares Up 8.4% – Should You Buy?

Posted by Paula Ricardo on Sep 25th, 2026

Direxion Daily PLTR Bull 2X ETF (NASDAQ:PLTU – Get Free Report)’s share price traded up 8.4% during mid-day trading on Wednesday. The company traded as high as $60.25 and last traded at $59.8580. Approximately 603,332 shares traded hands during mid-day trading, a decline of 76% from the average daily volume of 2,564,332 shares. The stock had previously closed at $55.20.

Direxion Daily PLTR Bull 2X ETF Trading Up 0.8%

The company has a 50 day simple moving average of $45.56 and a 200-day simple moving average of $40.94.

Hedge Funds Weigh In On Direxion Daily PLTR Bull 2X ETF

A number of large investors have recently bought and sold shares of PLTU. Virtu Financial LLC bought a new position in shares of Direxion Daily PLTR Bull 2X ETF during the fourth quarter valued at approximately $1,356,000. Renaissance Technologies LLC acquired a new position in shares of Direxion Daily PLTR Bull 2X ETF during the first quarter worth approximately $682,000. Turner Financial Group Inc. bought a new stake in Direxion Daily PLTR Bull 2X ETF during the 2nd quarter valued at $317,000. Optiver Holding B.V. boosted its position in Direxion Daily PLTR Bull 2X ETF by 96.2% during the 1st quarter. Optiver Holding B.V. now owns 12,658 shares of the company’s stock worth $563,000 after acquiring an additional 6,205 shares during the period. Finally, Integrated Wealth Concepts LLC acquired a new position in Direxion Daily PLTR Bull 2X ETF during the 2nd quarter worth $49,000.

About Direxion Daily PLTR Bull 2X ETF

(Get Free Report)

The Direxion Daily PLTR Bull 2X Shares (PLTU) 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 Palantir Technologies Stock. PLTU was launched on Dec 11, 2024 and is issued by Direxion.