Shares of Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU - Get Free Report) were up 6% during mid-day trading on Friday . The company traded as high as $97.30 and last traded at $96.67. Approximately 304,872 shares traded hands during trading, a decline of 66% from the average daily volume of 901,334 shares. The stock had previously closed at $91.22.
Direxion Daily NVDA Bull 2X Shares Price Performance
The company has a 50 day simple moving average of $108.77 and a 200 day simple moving average of $104.11.
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 issued a dividend of $0.6505 per share. The ex-dividend date of this dividend was Monday, December 23rd.
Hedge Funds Weigh In On Direxion Daily NVDA Bull 2X Shares
Several hedge funds have recently modified their holdings of NVDU. Hollencrest Capital Management bought a new stake in Direxion Daily NVDA Bull 2X Shares during the second quarter worth about $111,000. AE Wealth Management LLC bought a new stake in shares of Direxion Daily NVDA Bull 2X Shares during the 2nd quarter worth approximately $533,000. Creative Planning acquired a new stake in shares of Direxion Daily NVDA Bull 2X Shares in the 3rd quarter valued at approximately $377,000. Captrust Financial Advisors bought a new position in shares of Direxion Daily NVDA Bull 2X Shares in the third quarter valued at $374,000. Finally, Flow Traders U.S. LLC bought a new position in shares of Direxion Daily NVDA Bull 2X Shares in the third quarter valued at $2,165,000.
Direxion Daily NVDA Bull 2X Shares Company Profile
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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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