Simplex Trading LLC bought a new stake in shares of Direxion Daily META Bull 2X ETF (NASDAQ:METU – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 37,269 shares of the company’s stock, valued at approximately $1,141,000. Simplex Trading LLC owned approximately 0.22% of Direxion Daily META Bull 2X ETF at the end of the most recent quarter.
Other institutional investors have also modified their holdings of the company. Bullseye Investment Management LLC bought a new stake in Direxion Daily META Bull 2X ETF in the second quarter worth $1,125,000. StoneX Group Inc. bought a new position in Direxion Daily META Bull 2X ETF during the 3rd quarter valued at about $1,003,000. Tactive Advisors LLC grew its holdings in Direxion Daily META Bull 2X ETF by 65.9% during the 2nd quarter. Tactive Advisors LLC now owns 41,275 shares of the company’s stock valued at $836,000 after purchasing an additional 16,400 shares during the last quarter. Integrated Wealth Concepts LLC purchased a new stake in Direxion Daily META Bull 2X ETF in the 2nd quarter worth about $186,000. Finally, Retirement Planning Co of New England Inc. raised its position in Direxion Daily META Bull 2X ETF by 7.9% in the 3rd quarter. Retirement Planning Co of New England Inc. now owns 20,425 shares of the company’s stock worth $626,000 after purchasing an additional 1,487 shares during the period.
Direxion Daily META Bull 2X ETF Price Performance
Shares of NASDAQ METU opened at $23.28 on Tuesday. The company has a market cap of $348.73 million, a P/E ratio of 24.62 and a beta of 3.06. Direxion Daily META Bull 2X ETF has a 1 year low of $16.85 and a 1 year high of $39.74. The firm has a 50-day simple moving average of $26.84 and a two-hundred day simple moving average of $25.91.
Direxion Daily META Bull 2X ETF Profile
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.
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