Direxion Daily NVDA Bull 2X ETF $NVDU Shares Sold by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. reduced its holdings in shares of Direxion Daily NVDA Bull 2X ETF (NASDAQ:NVDU) by 24.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,008 shares of the company’s stock after selling 8,551 shares during the quarter. SBI Securities Co. Ltd. owned 0.72% of Direxion Daily NVDA Bull 2X ETF worth $3,789,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Tucker Asset Management LLC bought a new stake in shares of Direxion Daily NVDA Bull 2X ETF in the second quarter worth $70,000. Beacon Capital Management LLC boosted its stake in Direxion Daily NVDA Bull 2X ETF by 3.7% during the 2nd quarter. Beacon Capital Management LLC now owns 3,293 shares of the company’s stock valued at $390,000 after acquiring an additional 117 shares during the last quarter. Genesee Capital Advisors LLC boosted its stake in Direxion Daily NVDA Bull 2X ETF by 18.5% during the 3rd quarter. Genesee Capital Advisors LLC now owns 3,460 shares of the company’s stock valued at $504,000 after acquiring an additional 540 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in Direxion Daily NVDA Bull 2X ETF by 29.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 5,471 shares of the company’s stock valued at $527,000 after acquiring an additional 1,255 shares during the last quarter.

Direxion Daily NVDA Bull 2X ETF Price Performance

Shares of NVDU stock opened at $124.32 on Friday. The firm has a market cap of $447.55 million, a P/E ratio of 42.98 and a beta of 3.79. Direxion Daily NVDA Bull 2X ETF has a 1-year low of $86.02 and a 1-year high of $172.89. The firm has a fifty day moving average of $139.99 and a two-hundred day moving average of $133.52.

Direxion Daily NVDA Bull 2X ETF Profile

The Direxion Daily NVDA Bull 2X Shares (NVDU) 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 NVIDIA stock. NVDU was launched on Sep 13, 2023 and is issued by Direxion.