Direxion Daily META Bull 2X Shares (NASDAQ:METU) Trading 1.5% Higher – What’s Next?

Posted by Defense World Staff on Apr 17th, 2026

Direxion Daily META Bull 2X Shares (NASDAQ:METU – Get Free Report)’s share price traded up 1.5% on Thursday . The stock traded as high as $31.07 and last traded at $31.00. 3,361,815 shares changed hands during mid-day trading, a decline of 7% from the average session volume of 3,626,589 shares. The stock had previously closed at $30.55.

Direxion Daily META Bull 2X Shares Price Performance

The firm has a market capitalization of $475.85 million, a P/E ratio of 24.62 and a beta of 4.08. The firm’s 50 day simple moving average is $27.64 and its two-hundred day simple moving average is $31.53.

Direxion Daily META Bull 2X Shares Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 24th were paid a $0.1935 dividend. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.77 annualized dividend and a yield of 2.5%.

Institutional Trading of Direxion Daily META Bull 2X Shares

Hedge funds have recently added to or reduced their stakes in the business. Parallel Advisors LLC bought a new stake in Direxion Daily META Bull 2X Shares in the fourth quarter worth $26,000. SRH Advisors LLC bought a new stake in Direxion Daily META Bull 2X Shares in the fourth quarter worth $28,000. Summit Securities Group LLC bought a new stake in Direxion Daily META Bull 2X Shares in the fourth quarter worth $32,000. Mcguire Capital Advisors Inc. bought a new stake in Direxion Daily META Bull 2X Shares in the fourth quarter worth $35,000. Finally, SOA Wealth Advisors LLC. lifted its stake in Direxion Daily META Bull 2X Shares by 42.3% in the fourth quarter. SOA Wealth Advisors LLC. now owns 1,849 shares of the company’s stock worth $59,000 after purchasing an additional 550 shares during the last quarter.

Direxion Daily META Bull 2X Shares Company Profile

(Get Free Report)

The Direxion Daily META Bull 2X Shares (METU) is an exchange-traded fund that is based on the Meta Platforms Inc Class A index. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of META stock. METU was launched on Jun 5, 2024 and is issued by Direxion.