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Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) Shares Gap Down - What's Next?

Direxion Daily NVDA Bull 2X Shares logo with background

Shares of Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU - Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $92.00, but opened at $87.80. Direxion Daily NVDA Bull 2X Shares shares last traded at $86.95, with a volume of 299,778 shares traded.

Direxion Daily NVDA Bull 2X Shares Stock Performance

The company has a 50 day moving average price of $119.69 and a 200-day moving average price of $106.93.

Direxion Daily NVDA Bull 2X Shares Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 12th will be given a dividend of $13.8797 per share. This is an increase from Direxion Daily NVDA Bull 2X Shares's previous dividend of $0.18. The ex-dividend date is Thursday, December 12th.

Institutional Investors Weigh In On Direxion Daily NVDA Bull 2X Shares

Several institutional investors and hedge funds have recently modified their holdings of NVDU. Flow Traders U.S. LLC purchased a new position in shares of Direxion Daily NVDA Bull 2X Shares during the third quarter valued at about $2,165,000. Beaird Harris Wealth Management LLC purchased a new position in shares of Direxion Daily NVDA Bull 2X Shares during the 3rd quarter worth approximately $557,000. Modera Wealth Management LLC bought a new position in shares of Direxion Daily NVDA Bull 2X Shares in the 2nd quarter worth approximately $556,000. AE Wealth Management LLC purchased a new position in shares of Direxion Daily NVDA Bull 2X Shares in the 2nd quarter valued at approximately $533,000. Finally, Creative Planning bought a new stake in shares of Direxion Daily NVDA Bull 2X Shares during the third quarter valued at approximately $377,000.

About Direxion Daily NVDA Bull 2X Shares

(Get 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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