T-Rex 2X Long MSTR Daily Target ETF Sees Unusually Large Options Volume (BATS:MSTU)

T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU) was the recipient of unusually large options trading on Friday. Traders acquired 22,388 call options on the company. This is an increase of approximately 94% compared to the average daily volume of 11,524 call options.

Hedge Funds Weigh In On T-Rex 2X Long MSTR Daily Target ETF

Several hedge funds have recently made changes to their positions in MSTU. BNP Paribas Financial Markets acquired a new position in shares of T-Rex 2X Long MSTR Daily Target ETF in the 2nd quarter valued at $12,888,000. Centric Wealth Management acquired a new position in shares of T-Rex 2X Long MSTR Daily Target ETF in the 3rd quarter valued at $5,819,000. Acorn Financial Advisory Services Inc. ADV increased its position in shares of T-Rex 2X Long MSTR Daily Target ETF by 53.6% in the 3rd quarter. Acorn Financial Advisory Services Inc. ADV now owns 1,053,044 shares of the company’s stock valued at $4,897,000 after acquiring an additional 367,384 shares during the period. Group One Trading LLC increased its position in shares of T-Rex 2X Long MSTR Daily Target ETF by 219.1% in the 3rd quarter. Group One Trading LLC now owns 345,993 shares of the company’s stock valued at $1,609,000 after acquiring an additional 237,568 shares during the period. Finally, Hartline Investment Corp purchased a new stake in T-Rex 2X Long MSTR Daily Target ETF in the third quarter valued at approximately $651,000.

T-Rex 2X Long MSTR Daily Target ETF Stock Up 23.2%

Shares of T-Rex 2X Long MSTR Daily Target ETF stock opened at $7.27 on Friday. The company has a 50 day moving average price of $5.06 and a 200 day moving average price of $14.84. T-Rex 2X Long MSTR Daily Target ETF has a 52 week low of $3.40 and a 52 week high of $107.60.

About T-Rex 2X Long MSTR Daily Target ETF

The T-Rex 2X Long MSTR Daily Target ETF (MSTU) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x leveraged exposure to the daily price movement of MicroStrategy Inc stock (NYSE: MSTR), less fees and expenses. MSTU was launched on Sep 18, 2024 and is issued by Tuttle Capital Management.