Direxion Daily MU Bull 2X ETF (NASDAQ:MUU – Get Free Report) gapped down before the market opened on Thursday. The stock had previously closed at $19.23, but opened at $17.17. Direxion Daily MU Bull 2X ETF shares last traded at $15.3210, with a volume of 11,826,911 shares traded.
Direxion Daily MU Bull 2X ETF Stock Down 30.2%
The company’s fifty day simple moving average is $30.66 and its 200-day simple moving average is $24.67.
Institutional Investors Weigh In On Direxion Daily MU Bull 2X ETF
A number of large investors have recently modified their holdings of the business. Silverleafe Capital Partners LLC purchased a new position in Direxion Daily MU Bull 2X ETF during the 3rd quarter worth approximately $939,000. Hoey Investments Inc. boosted its holdings in shares of Direxion Daily MU Bull 2X ETF by 6,280.7% in the 3rd quarter. Hoey Investments Inc. now owns 99,730 shares of the company’s stock valued at $3,672,000 after acquiring an additional 98,167 shares during the last quarter. Dedeker Financial LLC increased its stake in shares of Direxion Daily MU Bull 2X ETF by 1,919.7% in the third quarter. Dedeker Financial LLC now owns 111,122 shares of the company’s stock worth $4,092,000 after acquiring an additional 105,620 shares during the period. MGO One Seven LLC increased its stake in shares of Direxion Daily MU Bull 2X ETF by 1,928.0% in the third quarter. MGO One Seven LLC now owns 82,257 shares of the company’s stock worth $3,029,000 after acquiring an additional 78,201 shares during the period. Finally, PFG Investments LLC acquired a new stake in shares of Direxion Daily MU Bull 2X ETF in the first quarter worth $482,000.
Direxion Daily MU Bull 2X ETF Company Profile
The Direxion Daily MU Bull 2X Shares (MUU) 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 Micron Technology, Inc stock. MUU was launched on Oct 10, 2024 and is issued by Direxion.
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