Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) Shares Purchased by Captrust Financial Advisors

Captrust Financial Advisors boosted its holdings in shares of Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) by 45.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,830 shares of the company’s stock after purchasing an additional 1,830 shares during the period. Captrust Financial Advisors owned about 0.08% of Direxion Daily NVDA Bull 2X Shares worth $546,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. SBI Securities Co. Ltd. purchased a new position in shares of Direxion Daily NVDA Bull 2X Shares during the 4th quarter valued at about $4,593,000. Virtu Financial LLC acquired a new stake in Direxion Daily NVDA Bull 2X Shares during the fourth quarter worth about $1,155,000. Lake Street Advisors Group LLC purchased a new position in Direxion Daily NVDA Bull 2X Shares during the fourth quarter valued at approximately $411,000. Barclays PLC raised its position in Direxion Daily NVDA Bull 2X Shares by 45.0% during the third quarter. Barclays PLC now owns 1,450 shares of the company’s stock valued at $136,000 after acquiring an additional 450 shares in the last quarter. Finally, Jane Street Group LLC lifted its holdings in Direxion Daily NVDA Bull 2X Shares by 54.8% in the fourth quarter. Jane Street Group LLC now owns 81,848 shares of the company’s stock valued at $7,660,000 after acquiring an additional 28,963 shares during the period.

Direxion Daily NVDA Bull 2X Shares Trading Up 0.5%

Direxion Daily NVDA Bull 2X Shares stock opened at $74.73 on Monday. The firm has a market cap of $671.08 million, a PE ratio of 34.72 and a beta of 4.15. The stock’s 50 day simple moving average is $54.47 and its two-hundred day simple moving average is $82.76. Direxion Daily NVDA Bull 2X Shares has a 12 month low of $32.63 and a 12 month high of $146.87.

Direxion Daily NVDA Bull 2X Shares Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were issued a dividend of $0.4201 per share. This represents a $1.68 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date was Tuesday, March 25th.

About Direxion Daily NVDA Bull 2X Shares

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.