Shares of Direxion Daily META Bull 2X Shares (NASDAQ:METU - Get Free Report) were down 2.6% during trading on Wednesday . The company traded as low as $49.00 and last traded at $49.21. Approximately 614,813 shares traded hands during trading, a decline of 23% from the average daily volume of 796,148 shares. The stock had previously closed at $50.54.
Direxion Daily META Bull 2X Shares Price Performance
The firm has a market cap of $143.44 million and a PE ratio of 24.62. The business's 50 day moving average price is $43.50 and its 200 day moving average price is $37.89.
Direxion Daily META Bull 2X Shares Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Stockholders of record on Tuesday, June 24th were paid a dividend of $0.2497 per share. This is an increase from Direxion Daily META Bull 2X Shares's previous quarterly dividend of $0.17. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Tuesday, June 24th.
Institutional Trading of Direxion Daily META Bull 2X Shares
Large investors have recently bought and sold shares of the business. Jane Street Group LLC purchased a new stake in Direxion Daily META Bull 2X Shares during the 4th quarter valued at about $542,000. Optiver Holding B.V. acquired a new position in shares of Direxion Daily META Bull 2X Shares in the 4th quarter worth approximately $1,626,000. Susquehanna International Group LLP lifted its holdings in shares of Direxion Daily META Bull 2X Shares by 222.1% in the 4th quarter. Susquehanna International Group LLP now owns 61,424 shares of the company's stock worth $2,044,000 after acquiring an additional 42,354 shares during the last quarter. Corient Private Wealth LLC acquired a new position in shares of Direxion Daily META Bull 2X Shares in the 2nd quarter worth approximately $681,000. Finally, HUB Investment Partners LLC acquired a new stake in Direxion Daily META Bull 2X Shares during the 2nd quarter worth approximately $418,000.
About Direxion Daily META Bull 2X Shares
(
Get Free Report)
The Direxion Daily META Bull 2X Shares (METU) is an exchange-traded fund that is based on the Meta Platforms Inc Class A index. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of META stock. METU was launched on Jun 5, 2024 and is issued by Direxion.
Featured Stories
Before you consider Direxion Daily META Bull 2X Shares, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Direxion Daily META Bull 2X Shares wasn't on the list.
While Direxion Daily META Bull 2X Shares currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
