Jane Street Group LLC Takes Position in Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU)

Jane Street Group LLC acquired a new position in Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 35,884 shares of the company’s stock, valued at approximately $1,164,000. Jane Street Group LLC owned 0.73% of Direxion Daily AMZN Bull 2X Shares at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of AMZU. TRUE Private Wealth Advisors lifted its stake in shares of Direxion Daily AMZN Bull 2X Shares by 1.2% in the 3rd quarter. TRUE Private Wealth Advisors now owns 53,836 shares of the company’s stock worth $1,746,000 after purchasing an additional 639 shares during the period. Traynor Capital Management Inc. grew its position in shares of Direxion Daily AMZN Bull 2X Shares by 56.4% during the 3rd quarter. Traynor Capital Management Inc. now owns 21,500 shares of the company’s stock valued at $697,000 after acquiring an additional 7,750 shares during the period. Flow Traders U.S. LLC purchased a new stake in shares of Direxion Daily AMZN Bull 2X Shares in the 3rd quarter worth $446,000. Client First Investment Management LLC bought a new position in Direxion Daily AMZN Bull 2X Shares in the 2nd quarter worth $297,000. Finally, Regal Investment Advisors LLC purchased a new position in Direxion Daily AMZN Bull 2X Shares during the second quarter valued at $273,000.

Direxion Daily AMZN Bull 2X Shares Trading Down 2.8 %

Shares of AMZU opened at $43.89 on Monday. Direxion Daily AMZN Bull 2X Shares has a 12-month low of $22.11 and a 12-month high of $48.08. The company has a market capitalization of $216.38 million, a PE ratio of 120.98 and a beta of -2.52. The business’s 50 day moving average is $39.87 and its 200 day moving average is $35.25.

Direxion Daily AMZN Bull 2X Shares Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd will be issued a dividend of $0.2818 per share. The ex-dividend date is Monday, December 23rd.

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.