IMC Chicago LLC grew its position in shares of Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU - Free Report) by 203.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 48,433 shares of the company's stock after purchasing an additional 32,482 shares during the period. IMC Chicago LLC owned about 1.06% of Direxion Daily AMZN Bull 2X Shares worth $2,035,000 at the end of the most recent reporting period.
Several other hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC purchased a new position in shares of Direxion Daily AMZN Bull 2X Shares in the third quarter worth about $1,164,000. Virtu Financial LLC purchased a new position in shares of Direxion Daily AMZN Bull 2X Shares in the third quarter worth about $1,158,000. Flow Traders U.S. LLC purchased a new position in shares of Direxion Daily AMZN Bull 2X Shares in the third quarter worth about $446,000. Traynor Capital Management Inc. increased its holdings in shares of Direxion Daily AMZN Bull 2X Shares by 56.4% in the third quarter. Traynor Capital Management Inc. now owns 21,500 shares of the company's stock worth $697,000 after buying an additional 7,750 shares during the period. Finally, Morse Asset Management Inc purchased a new position in shares of Direxion Daily AMZN Bull 2X Shares in the third quarter worth about $64,000.
Direxion Daily AMZN Bull 2X Shares Stock Up 1.1 %
Shares of AMZU traded up $0.50 during trading hours on Thursday, hitting $45.36. The company had a trading volume of 1,031,249 shares, compared to its average volume of 909,714. The firm has a market cap of $201.85 million, a P/E ratio of 120.98 and a beta of -2.52. The stock's 50 day moving average price is $45.36 and its 200 day moving average price is $37.38. Direxion Daily AMZN Bull 2X Shares has a 52-week low of $22.11 and a 52-week high of $50.61.
Direxion Daily AMZN Bull 2X Shares Cuts Dividend
The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a dividend of $0.2818 per share. The ex-dividend date was Monday, December 23rd.
Direxion Daily AMZN Bull 2X Shares Profile
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Free Report)
The Direxion Daily AMZN Bull 1.5X Shares ETF (AMZU) is an exchange-traded fund that is based on the Amazon.com, Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Amazon stock. AMZU was launched on Sep 7, 2022 and is managed by Direxion.
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