Virtu Financial LLC Invests $260,000 in Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU)

Virtu Financial LLC acquired a new position in Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 9,560 shares of the company’s stock, valued at approximately $260,000. Virtu Financial LLC owned about 0.47% of Direxion Daily AMZN Bull 2X Shares as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. TRUE Private Wealth Advisors grew its position in shares of Direxion Daily AMZN Bull 2X Shares by 0.9% in the 4th quarter. TRUE Private Wealth Advisors now owns 52,821 shares of the company’s stock worth $1,435,000 after buying an additional 478 shares during the last quarter. IMC Chicago LLC boosted its stake in Direxion Daily AMZN Bull 2X Shares by 44.9% in the 4th quarter. IMC Chicago LLC now owns 24,287 shares of the company’s stock worth $660,000 after purchasing an additional 7,525 shares in the last quarter. Finally, Traynor Capital Management Inc. boosted its stake in Direxion Daily AMZN Bull 2X Shares by 4.3% in the 4th quarter. Traynor Capital Management Inc. now owns 15,650 shares of the company’s stock worth $425,000 after purchasing an additional 650 shares in the last quarter.

Direxion Daily AMZN Bull 2X Shares Stock Up 3.3 %

AMZU stock opened at $36.10 on Friday. The firm has a 50 day moving average of $34.20 and a 200 day moving average of $31.82. The stock has a market capitalization of $91.33 million, a PE ratio of 120.98 and a beta of -2.52. Direxion Daily AMZN Bull 2X Shares has a 52 week low of $19.37 and a 52 week high of $37.68.

Direxion Daily AMZN Bull 2X Shares Company Profile

The Direxion Daily AMZN Bull 1.5X Shares ETF (AMZU) is an exchange-traded fund that is based on the Amazon.com, Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Amazon stock. AMZU was launched on Sep 7, 2022 and is managed by Direxion.