Direxion Daily AMZN Bull 2X Shares $AMZU Shares Bought by UBS Group AG

UBS Group AG lifted its position in shares of Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) by 9,912.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 456,078 shares of the company’s stock after acquiring an additional 451,523 shares during the period. UBS Group AG owned about 4.94% of Direxion Daily AMZN Bull 2X Shares worth $15,940,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. FNY Investment Advisers LLC bought a new stake in Direxion Daily AMZN Bull 2X Shares in the fourth quarter valued at $25,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Direxion Daily AMZN Bull 2X Shares in the fourth quarter valued at $47,000. Parallel Advisors LLC lifted its stake in Direxion Daily AMZN Bull 2X Shares by 507.7% in the third quarter. Parallel Advisors LLC now owns 1,975 shares of the company’s stock valued at $69,000 after buying an additional 1,650 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in Direxion Daily AMZN Bull 2X Shares by 13.8% in the second 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 during the last quarter. Finally, Envestnet Asset Management Inc. bought a new stake in Direxion Daily AMZN Bull 2X Shares in the third quarter valued at $206,000.

Direxion Daily AMZN Bull 2X Shares Stock Performance

AMZU stock opened at $44.20 on Thursday. The stock has a market capitalization of $449.96 million, a price-to-earnings ratio of 32.75 and a beta of 2.53. Direxion Daily AMZN Bull 2X Shares has a 1 year low of $24.54 and a 1 year high of $47.14. The stock’s fifty day moving average is $33.68 and its two-hundred day moving average is $34.61.

Direxion Daily AMZN Bull 2X Shares Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 24th were paid a $0.1694 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Tuesday, March 24th.

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.