Optiver Holding B.V. Acquires New Shares in Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX)

Optiver Holding B.V. purchased a new position in Direxion Daily TSM Bull 2X Shares (NASDAQ:TSMX - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 41,249 shares of the company's stock, valued at approximately $1,223,000. Optiver Holding B.V. owned about 1.21% of Direxion Daily TSM Bull 2X Shares as of its most recent filing with the Securities and Exchange Commission (SEC).

Direxion Daily TSM Bull 2X Shares Stock Performance

TSMX stock traded up $1.44 during trading on Friday, hitting $21.03. 701,967 shares of the company's stock traded hands, compared to its average volume of 781,633. The business has a fifty day simple moving average of $19.05 and a 200 day simple moving average of $26.50. Direxion Daily TSM Bull 2X Shares has a 52 week low of $12.15 and a 52 week high of $38.15. The stock has a market capitalization of $120.29 million and a price-to-earnings ratio of -0.98.

Direxion Daily TSM Bull 2X Shares Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were given a $0.137 dividend. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $0.55 annualized dividend and a yield of 2.61%. Direxion Daily TSM Bull 2X Shares's dividend payout ratio is currently -1.35%.

Direxion Daily TSM Bull 2X Shares Profile

The Direxion Daily TSM Bull 2X Shares (TSMX) 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 Taiwan Semiconductor Manufacturing (TSM) stock. TSMX was launched on Oct 3, 2024 and is issued by Direxion.