MAX S&P 500 4x Leveraged ETN (NYSEARCA:SPYU – Free Report) shares are set to split before the market opens on Tuesday, February 24th. The 2-1 split was recently announced. The newly minted shares will be payable to shareholders after the market closes on Monday, February 23rd.
MAX S&P 500 4x Leveraged ETN Stock Performance
SPYU stock opened at $52.40 on Monday. The firm has a 50 day moving average of $56.07 and a 200-day moving average of $53.49. MAX S&P 500 4x Leveraged ETN has a 12-month low of $18.15 and a 12-month high of $60.42.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in MAX S&P 500 4x Leveraged ETN stock. Flow Traders U.S. LLC acquired a new stake in MAX S&P 500 4x Leveraged ETN (NYSEARCA:SPYU – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 9,719 shares of the company’s stock, valued at approximately $420,000. Flow Traders U.S. LLC owned about 0.28% of MAX S&P 500 4x Leveraged ETN at the end of the most recent quarter.
About MAX S&P 500 4x Leveraged ETN
The MAX S&P 500 4X Leveraged ETN (SPYU) is an exchange-traded note that is based on the S&P 500 index. The fund is passively managed, tracking 4x the daily performance of a total return index comprised of US large-cap companies. SPYU was launched on Dec 7, 2023 and is issued by Max.
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