Client First Investment Management LLC Invests $297,000 in Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU)

Client First Investment Management LLC bought a new position in shares of Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 7,975 shares of the company’s stock, valued at approximately $297,000. Direxion Daily AMZN Bull 2X Shares accounts for approximately 0.2% of Client First Investment Management LLC’s portfolio, making the stock its 23rd largest holding. Client First Investment Management LLC owned about 0.15% of Direxion Daily AMZN Bull 2X Shares as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Hollencrest Capital Management purchased a new position in Direxion Daily AMZN Bull 2X Shares in the second quarter valued at $37,000. TRUE Private Wealth Advisors increased its stake in shares of Direxion Daily AMZN Bull 2X Shares by 1.7% in the 1st quarter. TRUE Private Wealth Advisors now owns 53,736 shares of the company’s stock valued at $1,830,000 after purchasing an additional 915 shares in the last quarter. Capital CS Group LLC acquired a new position in Direxion Daily AMZN Bull 2X Shares in the 1st quarter worth about $255,000. Finally, Virtu Financial LLC purchased a new position in Direxion Daily AMZN Bull 2X Shares during the fourth quarter worth approximately $260,000.

Direxion Daily AMZN Bull 2X Shares Trading Up 1.9 %

Shares of AMZU opened at $34.72 on Friday. The firm has a market cap of $182.28 million, a P/E ratio of 120.98 and a beta of -2.52. Direxion Daily AMZN Bull 2X Shares has a 12 month low of $19.37 and a 12 month high of $40.20. The stock’s 50 day moving average is $30.86 and its two-hundred day moving average is $33.43.

Direxion Daily AMZN Bull 2X Shares Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 2nd. Investors of record on Tuesday, June 25th were paid a $0.2529 dividend. The ex-dividend date was Tuesday, June 25th. This represents a $1.01 dividend on an annualized basis and a yield of 2.91%.

Direxion Daily AMZN Bull 2X Shares 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.