Flow Traders U.S. LLC acquired a new stake in Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU - Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The fund acquired 23,146 shares of the company's stock, valued at approximately $2,165,000. Flow Traders U.S. LLC owned 0.39% of Direxion Daily NVDA Bull 2X Shares as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. SeaCrest Wealth Management LLC purchased a new position in Direxion Daily NVDA Bull 2X Shares during the second quarter worth approximately $206,000. Modera Wealth Management LLC acquired a new position in Direxion Daily NVDA Bull 2X Shares in the second quarter worth about $556,000. Hollencrest Capital Management acquired a new position in Direxion Daily NVDA Bull 2X Shares in the second quarter worth approximately $111,000. AE Wealth Management LLC acquired a new stake in shares of Direxion Daily NVDA Bull 2X Shares in the 2nd quarter valued at $533,000. Finally, Creative Planning bought a new position in shares of Direxion Daily NVDA Bull 2X Shares during the 3rd quarter worth about $377,000.
Direxion Daily NVDA Bull 2X Shares Price Performance
Shares of NASDAQ:NVDU traded up $4.79 during midday trading on Friday, hitting $116.13. The stock had a trading volume of 435,144 shares, compared to its average volume of 670,852. Direxion Daily NVDA Bull 2X Shares has a fifty-two week low of $24.48 and a fifty-two week high of $146.87. The company's 50-day moving average price is $115.48 and its 200-day moving average price is $104.39.
Direxion Daily NVDA Bull 2X Shares Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Tuesday, September 24th were issued a dividend of $0.4973 per share. This represents a $1.99 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date was Tuesday, September 24th. This is a boost from Direxion Daily NVDA Bull 2X Shares's previous quarterly dividend of $0.48.
Direxion Daily NVDA Bull 2X Shares Profile
(
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.
Further Reading
Before you consider Direxion Daily NVDA Bull 2X Shares, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Direxion Daily NVDA Bull 2X Shares wasn't on the list.
While Direxion Daily NVDA Bull 2X Shares currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
