Hollencrest Capital Management bought a new position in Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,000 shares of the company’s stock, valued at approximately $50,000.
A number of other institutional investors and hedge funds have also modified their holdings of the business. Virtu Financial LLC acquired a new position in Direxion Daily MSFT Bull 2X Shares in the 1st quarter valued at approximately $240,000. Capital CS Group LLC purchased a new position in shares of Direxion Daily MSFT Bull 2X Shares during the 2nd quarter valued at $314,000. TRUE Private Wealth Advisors increased its stake in shares of Direxion Daily MSFT Bull 2X Shares by 1.3% in the first quarter. TRUE Private Wealth Advisors now owns 38,477 shares of the company’s stock worth $1,762,000 after acquiring an additional 495 shares during the last quarter. Finally, Elevatus Welath Management acquired a new position in shares of Direxion Daily MSFT Bull 2X Shares in the first quarter worth $6,939,000.
Direxion Daily MSFT Bull 2X Shares Trading Down 1.5 %
MSFU opened at $45.67 on Friday. The stock has a fifty day moving average price of $43.28 and a 200 day moving average price of $45.20. Direxion Daily MSFT Bull 2X Shares has a 1 year low of $30.31 and a 1 year high of $54.39. The stock has a market cap of $105.04 million, a price-to-earnings ratio of 43.52 and a beta of -2.33.
Direxion Daily MSFT Bull 2X Shares Announces Dividend
About Direxion Daily MSFT Bull 2X Shares
The Direxion Daily MSFT Bull 1.5X Shares ETF (MSFU) is an exchange-traded fund that is based on the Microsoft Corporation index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Microsoft stock. MSFU was launched on Sep 7, 2022 and is managed by Direxion.
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