Direxion Daily AMZN Bull 2X Shares $AMZU Shares Bought by Group One Trading LLC

Group One Trading LLC raised its holdings in Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) by 122.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 76,418 shares of the company’s stock after purchasing an additional 42,031 shares during the period. Group One Trading LLC’s holdings in Direxion Daily AMZN Bull 2X Shares were worth $2,658,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. PayPay Securities Corp increased its stake in shares of Direxion Daily AMZN Bull 2X Shares by 257.5% during the 3rd quarter. PayPay Securities Corp now owns 976 shares of the company’s stock worth $34,000 after purchasing an additional 703 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake in Direxion Daily AMZN Bull 2X Shares by 13.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 5,500 shares of the company’s stock valued at $202,000 after buying an additional 665 shares in the last quarter. Envestnet Asset Management Inc. acquired a new stake in Direxion Daily AMZN Bull 2X Shares during the 3rd quarter valued at $206,000. HUB Investment Partners LLC acquired a new stake in Direxion Daily AMZN Bull 2X Shares during the 2nd quarter valued at $281,000. Finally, MBL Wealth LLC purchased a new position in Direxion Daily AMZN Bull 2X Shares during the third quarter worth $435,000.

Direxion Daily AMZN Bull 2X Shares Stock Down 5.3%

NASDAQ AMZU opened at $28.69 on Friday. Direxion Daily AMZN Bull 2X Shares has a fifty-two week low of $21.28 and a fifty-two week high of $46.88. The stock has a market cap of $269.69 million, a price-to-earnings ratio of 32.75 and a beta of 1.95. The business has a fifty day moving average of $32.79 and a 200-day moving average of $35.50.

Direxion Daily AMZN Bull 2X Shares Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Investors of record on Wednesday, December 10th were given a dividend of $1.2027 per share. The ex-dividend date was Wednesday, December 10th. This represents a $4.81 dividend on an annualized basis and a yield of 16.8%. This is a boost from Direxion Daily AMZN Bull 2X Shares’s previous quarterly dividend of $0.22.

Direxion Daily AMZN Bull 2X Shares Profile

The Direxion Daily AMZN Bull 1.5X Shares ETF (AMZU) is an exchange-traded fund that is based on the Amazon.com, Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Amazon stock. AMZU was launched on Sep 7, 2022 and is managed by Direxion.