Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU - Get Free Report) fell 5.8% during mid-day trading on Tuesday . The company traded as low as $108.09 and last traded at $108.87. 625,524 shares were traded during trading, a decline of 34% from the average session volume of 943,969 shares. The stock had previously closed at $115.54.
Direxion Daily NVDA Bull 2X Shares Price Performance
The firm's 50-day simple moving average is $113.66 and its 200 day simple moving average is $105.07.
Direxion Daily NVDA Bull 2X Shares Cuts Dividend
The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a $0.6505 dividend. The ex-dividend date was Monday, December 23rd.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the company. Hollencrest Capital Management purchased a new position in Direxion Daily NVDA Bull 2X Shares in the 2nd quarter valued at approximately $111,000. 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 worth $136,000 after acquiring an additional 450 shares during the period. Captrust Financial Advisors purchased a new position in shares of Direxion Daily NVDA Bull 2X Shares in the third quarter valued at $374,000. Creative Planning bought a new stake in shares of Direxion Daily NVDA Bull 2X Shares during the 3rd quarter valued at $377,000. Finally, AE Wealth Management LLC purchased a new stake in Direxion Daily NVDA Bull 2X Shares during the 2nd quarter worth about $533,000.
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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