Chicago Partners Investment Group LLC Takes Position in Direxion Daily NVDA Bull 2X Shares $NVDU

Chicago Partners Investment Group LLC bought a new stake in Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,829 shares of the company’s stock, valued at approximately $181,000.

Several other institutional investors also recently bought and sold shares of NVDU. SOA Wealth Advisors LLC. purchased a new position in shares of Direxion Daily NVDA Bull 2X Shares in the second quarter worth $44,000. Western Pacific Wealth Management LP raised its holdings in shares of Direxion Daily NVDA Bull 2X Shares by 103.3% during the second quarter. Western Pacific Wealth Management LP now owns 1,000 shares of the company’s stock worth $99,000 after purchasing an additional 508 shares during the last quarter. Headlands Technologies LLC purchased a new position in shares of Direxion Daily NVDA Bull 2X Shares during the first quarter worth $75,000. New Millennium Group LLC purchased a new position in shares of Direxion Daily NVDA Bull 2X Shares during the first quarter worth $171,000. Finally, Wealthcare Advisory Partners LLC purchased a new position in shares of Direxion Daily NVDA Bull 2X Shares during the second quarter worth $396,000.

Direxion Daily NVDA Bull 2X Shares Price Performance

Shares of Direxion Daily NVDA Bull 2X Shares stock opened at $128.55 on Friday. The firm has a fifty day moving average price of $122.31 and a 200 day moving average price of $98.21. Direxion Daily NVDA Bull 2X Shares has a 1 year low of $32.63 and a 1 year high of $143.36. The stock has a market cap of $636.32 million, a PE ratio of 42.98 and a beta of 4.15.

Direxion Daily NVDA Bull 2X Shares Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Tuesday, September 23rd were given a dividend of $0.4973 per share. This represents a $1.99 annualized dividend and a yield of 1.5%. The ex-dividend date was Tuesday, September 23rd.

Direxion Daily NVDA Bull 2X Shares Profile

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.