Larson Financial Group LLC grew its holdings in shares of Direxion Daily S&P 500 Bull 2X Shares (NYSEARCA:SPUU – Free Report) by 77.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 989 shares of the company’s stock after acquiring an additional 432 shares during the quarter. Larson Financial Group LLC owned 0.08% of Direxion Daily S&P 500 Bull 2X Shares worth $130,000 at the end of the most recent quarter.
Separately, Adams Wealth Management increased its holdings in Direxion Daily S&P 500 Bull 2X Shares by 10.4% during the 1st quarter. Adams Wealth Management now owns 283,775 shares of the company’s stock valued at $34,990,000 after purchasing an additional 26,617 shares during the period.
Direxion Daily S&P 500 Bull 2X Shares Stock Down 3.3 %
NYSEARCA:SPUU opened at $127.36 on Friday. Direxion Daily S&P 500 Bull 2X Shares has a twelve month low of $77.30 and a twelve month high of $141.18. The stock has a market cap of $163.02 million, a P/E ratio of 32.40 and a beta of 1.98. The firm’s fifty day simple moving average is $132.91 and its 200 day simple moving average is $125.48.
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.
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