Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU) Trading Up 17.8% – What’s Next?

Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTUGet Free Report)’s share price were up 17.8% during trading on Thursday . The company traded as high as $54.17 and last traded at $55.7230. Approximately 436,496 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 2,702,041 shares. The stock had previously closed at $47.29.

Direxion Daily PLTR Bull 2X Shares Price Performance

The company has a 50-day moving average price of $39.88 and a two-hundred day moving average price of $40.11.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in PLTU. UBS Group AG grew its holdings in Direxion Daily PLTR Bull 2X Shares by 1.7% during the 4th quarter. UBS Group AG now owns 206,535 shares of the company’s stock valued at $15,189,000 after buying an additional 3,535 shares in the last quarter. Diversify Wealth Management LLC lifted its holdings in shares of Direxion Daily PLTR Bull 2X Shares by 33.4% in the fourth quarter. Diversify Wealth Management LLC now owns 20,009 shares of the company’s stock worth $1,475,000 after buying an additional 5,009 shares in the last quarter. Virtu Financial LLC purchased a new stake in shares of Direxion Daily PLTR Bull 2X Shares in the fourth quarter worth about $1,356,000. Flow Traders U.S. LLC bought a new position in shares of Direxion Daily PLTR Bull 2X Shares in the third quarter valued at approximately $1,733,000. Finally, Renaissance Technologies LLC bought a new position in shares of Direxion Daily PLTR Bull 2X Shares in the first quarter valued at approximately $682,000.

Direxion Daily PLTR Bull 2X Shares Company Profile

(Get Free Report)

The Direxion Daily PLTR Bull 2X Shares (PLTU) 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 Palantir Technologies Stock. PLTU was launched on Dec 11, 2024 and is issued by Direxion.

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