JPMorgan Chase & Co. Sells 703 Shares of Direxion Daily MSCI Brazil Bull 2X Shares (NYSEARCA:BRZU)

JPMorgan Chase & Co. cut its holdings in shares of Direxion Daily MSCI Brazil Bull 2X Shares (NYSEARCA:BRZU) by 59.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 474 shares of the company’s stock after selling 703 shares during the period. JPMorgan Chase & Co.’s holdings in Direxion Daily MSCI Brazil Bull 2X Shares were worth $33,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Flow Traders U.S. LLC grew its position in shares of Direxion Daily MSCI Brazil Bull 2X Shares by 3.2% in the 3rd quarter. Flow Traders U.S. LLC now owns 24,170 shares of the company’s stock valued at $1,687,000 after purchasing an additional 748 shares during the period.

Direxion Daily MSCI Brazil Bull 2X Shares Stock Performance

Shares of BRZU stock opened at $52.57 on Wednesday. Direxion Daily MSCI Brazil Bull 2X Shares has a 52 week low of $40.61 and a 52 week high of $96.41. The company’s 50 day moving average price is $47.06 and its two-hundred day moving average price is $59.85. The company has a market capitalization of $66.24 million, a P/E ratio of 6.82 and a beta of 1.92.

About Direxion Daily MSCI Brazil Bull 2X Shares

The Direxion Daily MSCI Brazil Bull 2X Shares (BRZU) is an exchange-traded fund that is based on the MSCI Brazil 25-50 index. The fund provides 2x daily leveraged exposure to a market-cap-weighted index of large- and mid-cap Brazilian companies. BRZU was launched on Apr 10, 2013 and is managed by Direxion.