2,174 Shares in Direxion Daily S&P 500 Bull 2X Shares (NYSEARCA:SPUU) Acquired by Jane Street Group LLC

Jane Street Group LLC bought a new position in Direxion Daily S&P 500 Bull 2X Shares (NYSEARCA:SPUU) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,174 shares of the company’s stock, valued at approximately $322,000. Jane Street Group LLC owned 0.17% of Direxion Daily S&P 500 Bull 2X Shares at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SPUU. Bison Wealth LLC acquired a new position in shares of Direxion Daily S&P 500 Bull 2X Shares in the 4th quarter valued at about $210,000. Legacy Investment Solutions LLC grew its stake in Direxion Daily S&P 500 Bull 2X Shares by 97.5% in the fourth quarter. Legacy Investment Solutions LLC now owns 401 shares of the company’s stock valued at $62,000 after purchasing an additional 198 shares in the last quarter. Bullseye Investment Management LLC bought a new stake in shares of Direxion Daily S&P 500 Bull 2X Shares during the 4th quarter worth about $523,000. Chung Wu Investment Group LLC acquired a new position in Direxion Daily S&P 500 Bull 2X Shares during the 4th quarter worth $265,000. Finally, SBI Securities Co. Ltd. bought a new position in Direxion Daily S&P 500 Bull 2X Shares during the fourth quarter worth $39,000.

Direxion Daily S&P 500 Bull 2X Shares Trading Up 1.0%

Shares of NYSEARCA SPUU opened at $144.06 on Tuesday. Direxion Daily S&P 500 Bull 2X Shares has a one year low of $97.44 and a one year high of $160.38. The business has a fifty day simple moving average of $128.70 and a 200 day simple moving average of $142.92. The firm has a market capitalization of $162.79 million, a price-to-earnings ratio of 24.49 and a beta of 2.01.

About Direxion Daily S&P 500 Bull 2X Shares

The Direxion Daily S&P 500 Bull 2X Shares (SPUU) is an exchange-traded fund that is based on the S&P 500 index. The fund provides 2x daily leveraged exposure to the S&P 500, a market-cap-weighted index of US large-cap stocks selected by S&Ps index committee. SPUU was launched on May 28, 2014 and is managed by Direxion.