Virtu Financial LLC Buys New Position in Direxion Daily S&P 500 Bull 2X Shares (NYSEARCA:SPUU)

Virtu Financial LLC bought a new stake in Direxion Daily S&P 500 Bull 2X Shares (NYSEARCA:SPUU) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 4,540 shares of the company’s stock, valued at approximately $469,000. Virtu Financial LLC owned about 0.15% of Direxion Daily S&P 500 Bull 2X Shares at the end of the most recent quarter.

Separately, Adams Wealth Management grew its holdings in Direxion Daily S&P 500 Bull 2X Shares by 311.6% in the 4th quarter. Adams Wealth Management now owns 257,158 shares of the company’s stock valued at $26,554,000 after buying an additional 194,678 shares during the period.

Direxion Daily S&P 500 Bull 2X Shares Price Performance

SPUU opened at $133.22 on Wednesday. The stock has a market capitalization of $170.52 million, a price-to-earnings ratio of 32.40 and a beta of 1.98. The business has a 50-day moving average of $121.23 and a two-hundred day moving average of $114.19. Direxion Daily S&P 500 Bull 2X Shares has a 12 month low of $77.30 and a 12 month high of $133.25.

Direxion Daily S&P 500 Bull 2X Shares Profile

The Direxion Daily S&P 500 Bull 2X Shares (SPUU) is an exchange-traded fund that is based on the S&P 500 index. The fund provides 2x daily leveraged exposure to the S&P 500, a market-cap-weighted index of US large-cap stocks selected by S&Ps index committee. SPUU was launched on May 28, 2014 and is managed by Direxion.