Direxion Daily NVDA Bull 2X Shares (
NASDAQ:NVDU -
Get Free Report)'s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $143.00 and last traded at $141.53, with a volume of 397633 shares changing hands. The stock had previously closed at $134.18.
Direxion Daily NVDA Bull 2X Shares Price Performance
The firm has a market capitalization of $716.11 million, a P/E ratio of 42.98 and a beta of 4.15. The firm's fifty day moving average price is $122.58 and its 200-day moving average price is $91.75.
Direxion Daily NVDA Bull 2X Shares Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 23rd were issued a $0.4973 dividend. The ex-dividend date was Tuesday, September 23rd. This represents a $1.99 annualized dividend and a dividend yield of 1.4%.
Institutional Investors Weigh In On Direxion Daily NVDA Bull 2X Shares
A number of institutional investors and hedge funds have recently bought and sold shares of NVDU. SBI Securities Co. Ltd. boosted its position in shares of Direxion Daily NVDA Bull 2X Shares by 45.0% during the 1st quarter. SBI Securities Co. Ltd. now owns 71,171 shares of the company's stock valued at $3,744,000 after purchasing an additional 22,096 shares in the last quarter. Narus Financial Partners LLC bought a new position in shares of Direxion Daily NVDA Bull 2X Shares during the 1st quarter valued at about $246,000. New Millennium Group LLC bought a new position in shares of Direxion Daily NVDA Bull 2X Shares during the 1st quarter valued at about $171,000. Headlands Technologies LLC bought a new stake in shares of Direxion Daily NVDA Bull 2X Shares during the 1st quarter worth $75,000. Finally, SOA Wealth Advisors LLC. bought a new stake in shares of Direxion Daily NVDA Bull 2X Shares during the 2nd quarter worth $44,000.
About Direxion Daily NVDA Bull 2X Shares
(
Get Free Report)
The Direxion Daily NVDA Bull 2X Shares (NVDU) 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 NVIDIA stock. NVDU was launched on Sep 13, 2023 and is issued by Direxion.
Further Reading
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