Direxion Daily MU Bull 2X ETF (NASDAQ:MUU – Get Free Report)’s share price gapped up before the market opened on Wednesday. The stock had previously closed at $15.10, but opened at $17.31. Direxion Daily MU Bull 2X ETF shares last traded at $18.1730, with a volume of 9,604,805 shares traded.
Direxion Daily MU Bull 2X ETF Price Performance
The stock’s 50-day simple moving average is $28.97 and its 200-day simple moving average is $24.87.
Hedge Funds Weigh In On Direxion Daily MU Bull 2X ETF
Several hedge funds have recently modified their holdings of MUU. Csenge Advisory Group grew its holdings in shares of Direxion Daily MU Bull 2X ETF by 1,900.0% in the third quarter. Csenge Advisory Group now owns 134,140 shares of the company’s stock valued at $4,939,000 after acquiring an additional 127,433 shares in the last quarter. StoneX Group Inc. bought a new stake in Direxion Daily MU Bull 2X ETF during the third quarter worth $4,129,000. Dedeker Financial LLC lifted its holdings in Direxion Daily MU Bull 2X ETF by 1,919.7% during the third quarter. Dedeker Financial LLC now owns 111,122 shares of the company’s stock worth $4,092,000 after acquiring an additional 105,620 shares during the period. Hoey Investments Inc. lifted its holdings in Direxion Daily MU Bull 2X ETF by 6,280.7% during the third quarter. Hoey Investments Inc. now owns 99,730 shares of the company’s stock worth $3,672,000 after acquiring an additional 98,167 shares during the period. Finally, MGO One Seven LLC boosted its position in Direxion Daily MU Bull 2X ETF by 1,928.0% in the third quarter. MGO One Seven LLC now owns 82,257 shares of the company’s stock worth $3,029,000 after purchasing an additional 78,201 shares during the last quarter.
Direxion Daily MU Bull 2X ETF Company Profile
The Direxion Daily MU Bull 2X Shares (MUU) 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 Micron Technology, Inc. stock. MUU was launched on Oct 10, 2024 and is issued by Direxion.
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