Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU - Get Free Report) shares fell 3.8% on Friday . The company traded as low as $105.79 and last traded at $106.03. 593,113 shares traded hands during trading, a decline of 33% from the average session volume of 880,491 shares. The stock had previously closed at $110.19.
Direxion Daily NVDA Bull 2X Shares Stock Performance
The company has a 50-day moving average of $106.12 and a 200-day moving average of $103.69.
Direxion Daily NVDA Bull 2X Shares Cuts Dividend
The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a $0.6505 dividend. The ex-dividend date of this dividend was Monday, December 23rd.
Institutional Investors Weigh In On Direxion Daily NVDA Bull 2X Shares
Hedge funds have recently modified their holdings of the company. Barclays PLC raised its holdings in Direxion Daily NVDA Bull 2X Shares by 45.0% in the 3rd 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 last quarter. Chicago Partners Investment Group LLC purchased a new stake in Direxion Daily NVDA Bull 2X Shares in the 4th quarter valued at about $206,000. Captrust Financial Advisors acquired a new position in shares of Direxion Daily NVDA Bull 2X Shares during the 3rd quarter valued at about $374,000. Creative Planning purchased a new position in Direxion Daily NVDA Bull 2X Shares during the third quarter worth approximately $377,000. Finally, AE Wealth Management LLC purchased a new stake in shares of Direxion Daily NVDA Bull 2X Shares during the 2nd quarter valued at $533,000.
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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