Simplex Trading LLC acquired a new stake in Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 24,827 shares of the company's stock, valued at approximately $1,043,000. Simplex Trading LLC owned about 0.56% of Direxion Daily AMZN Bull 2X Shares at the end of the most recent quarter.
A number of other large investors have also recently bought and sold shares of the business. PayPay Securities Corp acquired a new position in Direxion Daily AMZN Bull 2X Shares during the fourth quarter valued at approximately $31,000. Toth Financial Advisory Corp boosted its holdings in Direxion Daily AMZN Bull 2X Shares by 44.7% during the fourth quarter. Toth Financial Advisory Corp now owns 1,250 shares of the company's stock valued at $53,000 after acquiring an additional 386 shares during the period. Morse Asset Management Inc acquired a new stake in shares of Direxion Daily AMZN Bull 2X Shares in the third quarter valued at about $64,000. Hollencrest Capital Management bought a new position in shares of Direxion Daily AMZN Bull 2X Shares in the fourth quarter worth about $85,000. Finally, SBI Securities Co. Ltd. acquired a new position in shares of Direxion Daily AMZN Bull 2X Shares during the 4th quarter worth about $228,000.
Direxion Daily AMZN Bull 2X Shares Trading Down 14.5 %
AMZU traded down $4.60 during midday trading on Thursday, reaching $27.19. The company's stock had a trading volume of 2,078,748 shares, compared to its average volume of 799,226. The company has a fifty day simple moving average of $39.38 and a 200 day simple moving average of $38.90. The stock has a market cap of $179.45 million, a P/E ratio of 41.93 and a beta of 1.87. Direxion Daily AMZN Bull 2X Shares has a twelve month low of $22.12 and a twelve month high of $50.61.
Direxion Daily AMZN Bull 2X Shares Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were given a dividend of $0.2007 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date of this dividend was Tuesday, March 25th.
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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