Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU - Get Free Report)'s stock price gapped down before the market opened on Monday . The stock had previously closed at $123.79, but opened at $119.42. Direxion Daily NVDA Bull 2X Shares shares last traded at $115.35, with a volume of 383,480 shares traded.
Direxion Daily NVDA Bull 2X Shares Stock Down 2.7 %
The business's 50-day moving average is $109.39 and its two-hundred day moving average is $100.78.
Direxion Daily NVDA Bull 2X Shares Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Tuesday, September 24th were issued a $0.4973 dividend. This is an increase from Direxion Daily NVDA Bull 2X Shares's previous quarterly dividend of $0.48. This represents a $1.99 annualized dividend and a dividend yield of 1.65%. The ex-dividend date of this dividend was Tuesday, September 24th.
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in NVDU. Barclays PLC boosted its holdings in shares of Direxion Daily NVDA Bull 2X Shares by 45.0% in the third quarter. Barclays PLC now owns 1,450 shares of the company's stock valued at $136,000 after acquiring an additional 450 shares during the period. Hollencrest Capital Management purchased a new position in Direxion Daily NVDA Bull 2X Shares during the 2nd quarter worth $111,000. SeaCrest Wealth Management LLC acquired a new position in Direxion Daily NVDA Bull 2X Shares in the second quarter valued at $206,000. Captrust Financial Advisors purchased a new stake in shares of Direxion Daily NVDA Bull 2X Shares in the third quarter valued at about $374,000. Finally, Creative Planning purchased a new stake in shares of Direxion Daily NVDA Bull 2X Shares in the third quarter valued at about $377,000.
Direxion Daily NVDA Bull 2X Shares Company Profile
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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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