Virtu Financial LLC bought a new stake in Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 12,345 shares of the company's stock, valued at approximately $1,155,000. Virtu Financial LLC owned about 0.16% of Direxion Daily NVDA Bull 2X Shares at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of NVDU. SBI Securities Co. Ltd. bought a new position in Direxion Daily NVDA Bull 2X Shares in the fourth quarter valued at approximately $4,593,000. Lake Street Advisors Group LLC acquired a new stake in shares of Direxion Daily NVDA Bull 2X Shares during the fourth quarter worth $411,000. PayPay Securities Corp bought a new stake in Direxion Daily NVDA Bull 2X Shares in the fourth quarter valued at about $47,000. Chicago Partners Investment Group LLC acquired a new position in Direxion Daily NVDA Bull 2X Shares in the fourth quarter valued at about $206,000. Finally, Beaird Harris Wealth Management LLC bought a new position in Direxion Daily NVDA Bull 2X Shares during the third quarter worth about $557,000.
Direxion Daily NVDA Bull 2X Shares Trading Down 3.8 %
Shares of NVDU stock traded down $2.21 on Thursday, reaching $55.33. The company had a trading volume of 754,695 shares, compared to its average volume of 1,496,117. The stock has a market cap of $414.98 million, a PE ratio of 43.89 and a beta of 4.15. The company has a 50-day moving average of $76.00 and a 200-day moving average of $96.64. Direxion Daily NVDA Bull 2X Shares has a 12 month low of $44.91 and a 12 month high of $146.87.
Direxion Daily NVDA Bull 2X Shares Cuts Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th will be given a dividend of $0.4201 per share. The ex-dividend date of this dividend is Tuesday, March 25th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.04%.
Direxion Daily NVDA Bull 2X Shares Company Profile
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Free Report)
The Direxion Daily NVDA Bull 2X Shares (NVDU) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of NVIDIA stock. NVDU was launched on Sep 13, 2023 and is issued by Direxion.
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