Direxion Daily NVDA Bull 2X Shares (NVDU) Price, Holdings, & News

ETF Overview

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.

Key Stats

• Today's Range: $86.62 to $96.20
• 50-Day Range: $87.27 to $136.69
• 52-Week Range: $26.01 to $146.87
• Volume: 1.09 million shs
• Average Volume: 682,393 shs
• Market Capitalization: $575.34 million
• Assets Under Management: $543.30 million
• Dividend Yield: 15.95%
• Net Expense Ratio: 1.04%
• Aggregate Rating: Moderate Buy

NVDU ETF - Frequently Asked Questions

How have NVDU shares performed this year?

Direxion Daily NVDA Bull 2X Shares' stock was trading at $27.87 on January 1st, 2024. Since then, NVDU stock has increased by 244.1% and is now trading at $95.89.
View the best growth stocks for 2024 here.

Who are Direxion Daily NVDA Bull 2X Shares' major shareholders?

Direxion Daily NVDA Bull 2X Shares' top institutional investors include Flow Traders U.S. LLC (0.39%), Belvedere Trading LLC, Jane Street Group LLC and Beaird Harris Wealth Management LLC (0.10%).

How do I buy shares of Direxion Daily NVDA Bull 2X Shares?

Shares of NVDU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Direxion Daily NVDA Bull 2X Shares own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Direxion Daily NVDA Bull 2X Shares investors own include NVIDIA (NVDA), Meta Platforms (META), Netflix (NFLX), Advanced Micro Devices (AMD), Intel (INTC), Coca-Cola (KO).

Fund Details

• Issuer: Direxion
• Fund Name: Direxion Daily NVDA Bull 2X Shares
• Tax Classification: Regulated Investment Company
• Stock Exchange: NASDAQ
• Current Symbol: NASDAQ:NVDU
• Inception Date: 9/13/2023
• Fund Manager: Paul Brigandi, Tony Ng
• Previous Symbol: NASDAQ:NVDU
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: N/A
• Category: Strategy
• Focus: Single Stock
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 21

Fund Statistics

• Assets Under Management: $543.30 million
• Average Daily Volume: $0.00
• Discount/Premium: -0.36%
• Leveraged: 2.00

Administrator, Advisor and Custodian

• Administrator: U.S. Bancorp Fund Services, LLC
• Advisor: Rafferty Asset Management, LLC
• Custodian: The Bank of New York Mellon Corporation
• Distributor: Foreside Fund Services, LLC
• Transfer Agent: The Bank of New York Mellon Corporation
• Trustee: N/A
• Lead Market Maker: Susquehanna

Options

• Optionable: Optionable
• Options Volume: 1,840
• Put Options: 655
• Call Options: 1,185
• Short Interest: 445,400 shs

Miscellaneous

• Outstanding Shares: 6,000,000
• Beta: 4.15
• Creation Unit: 25,000
• Creation Fee: $250.00