Renaissance Technologies LLC Buys New Shares in Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU)

Renaissance Technologies LLC purchased a new position in Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 11,300 shares of the company’s stock, valued at approximately $475,000. Renaissance Technologies LLC owned about 0.25% of Direxion Daily AMZN Bull 2X Shares at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in AMZU. PayPay Securities Corp bought a new position in Direxion Daily AMZN Bull 2X Shares during the fourth quarter valued at about $31,000. Toth Financial Advisory Corp grew its holdings in shares of Direxion Daily AMZN Bull 2X Shares by 44.7% during the 4th quarter. Toth Financial Advisory Corp now owns 1,250 shares of the company’s stock worth $53,000 after purchasing an additional 386 shares in the last quarter. Hollencrest Capital Management bought a new stake in shares of Direxion Daily AMZN Bull 2X Shares during the fourth quarter valued at approximately $85,000. SBI Securities Co. Ltd. acquired a new position in shares of Direxion Daily AMZN Bull 2X Shares in the fourth quarter valued at $228,000. Finally, Empowered Funds LLC bought a new position in Direxion Daily AMZN Bull 2X Shares in the fourth quarter worth $262,000.

Direxion Daily AMZN Bull 2X Shares Price Performance

Shares of Direxion Daily AMZN Bull 2X Shares stock opened at $28.50 on Friday. The company’s fifty day moving average price is $29.98 and its two-hundred day moving average price is $37.74. The firm has a market capitalization of $202.35 million, a PE ratio of 29.64 and a beta of -2.52. Direxion Daily AMZN Bull 2X Shares has a 52-week low of $21.28 and a 52-week high of $50.61.

Direxion Daily AMZN Bull 2X Shares Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were given a $0.2007 dividend. This represents a $0.80 annualized dividend and a yield of 2.82%. The ex-dividend date of this dividend was Tuesday, March 25th.

Direxion Daily AMZN Bull 2X Shares Profile

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.