Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU - Get Free Report) shares gapped up prior to trading on Wednesday . The stock had previously closed at $67.55, but opened at $71.08. Direxion Daily NVDA Bull 2X Shares shares last traded at $70.92, with a volume of 386,202 shares trading hands.
Direxion Daily NVDA Bull 2X Shares Stock Up 1.7 %
The company's fifty day simple moving average is $96.73 and its 200-day simple moving average is $100.84.
Direxion Daily NVDA Bull 2X Shares Cuts Dividend
The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a dividend of $0.6505 per share. The ex-dividend date of this dividend was Monday, December 23rd.
Institutional Investors Weigh In On Direxion Daily NVDA Bull 2X Shares
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. SBI Securities Co. Ltd. acquired a new position in shares of Direxion Daily NVDA Bull 2X Shares during the fourth quarter valued at about $4,593,000. Flow Traders U.S. LLC acquired a new position in Direxion Daily NVDA Bull 2X Shares during the 3rd quarter valued at approximately $2,165,000. Beaird Harris Wealth Management LLC purchased a new position in shares of Direxion Daily NVDA Bull 2X Shares in the third quarter worth $557,000. 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. Finally, Creative Planning purchased a new stake in shares of Direxion Daily NVDA Bull 2X Shares during the third quarter valued at $377,000.
About Direxion Daily NVDA Bull 2X Shares
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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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