Simplex Trading LLC acquired a new stake in shares of Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AMZU. PayPay Securities Corp bought a new stake in shares of Direxion Daily AMZN Bull 2X Shares during the 4th quarter valued at $31,000. Toth Financial Advisory Corp increased its position in shares of 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 buying an additional 386 shares during the period. Morse Asset Management Inc purchased a new stake in shares of Direxion Daily AMZN Bull 2X Shares in the third quarter worth about $64,000. Hollencrest Capital Management bought a new position in shares of Direxion Daily AMZN Bull 2X Shares in the fourth quarter valued at approximately $85,000. Finally, SBI Securities Co. Ltd. purchased a new position in Direxion Daily AMZN Bull 2X Shares during the fourth quarter valued at approximately $228,000.
Direxion Daily AMZN Bull 2X Shares Stock Performance
Direxion Daily AMZN Bull 2X Shares stock traded down $2.13 during midday trading on Friday, reaching $23.92. 3,848,792 shares of the stock were exchanged, compared to its average volume of 818,651. Direxion Daily AMZN Bull 2X Shares has a 52 week low of $21.71 and a 52 week high of $50.61. The firm has a market cap of $157.87 million, a PE ratio of 41.93 and a beta of 1.87. The company's fifty day moving average is $38.47 and its 200-day moving average is $38.75.
Direxion Daily AMZN Bull 2X Shares Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were issued a $0.2007 dividend. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $0.80 annualized dividend and a dividend yield of 3.36%.
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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