Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU - Get Free Report)'s share price gapped up before the market opened on Friday . The stock had previously closed at $79.21, but opened at $82.01. Direxion Daily NVDA Bull 2X Shares shares last traded at $81.76, with a volume of 264,311 shares traded.
Direxion Daily NVDA Bull 2X Shares Price Performance
The stock has a 50 day moving average price of $58.41 and a two-hundred day moving average price of $78.33. The company has a market capitalization of $729.89 million, a price-to-earnings ratio of 42.98 and a beta of 4.15.
Direxion Daily NVDA Bull 2X Shares Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were given a $0.4201 dividend. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $1.68 annualized dividend and a yield of 2.07%.
Institutional Investors Weigh In On Direxion Daily NVDA Bull 2X Shares
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Western Pacific Wealth Management LP acquired a new stake in Direxion Daily NVDA Bull 2X Shares during the 1st quarter valued at $26,000. JPMorgan Chase & Co. bought a new stake in Direxion Daily NVDA Bull 2X Shares in the 4th quarter valued at $37,000. PayPay Securities Corp acquired a new position in Direxion Daily NVDA Bull 2X Shares in the 4th quarter valued at $47,000. Tucker Asset Management LLC bought a new position in Direxion Daily NVDA Bull 2X Shares during the 4th quarter worth $51,000. Finally, Headlands Technologies LLC bought a new position in Direxion Daily NVDA Bull 2X Shares during the 1st quarter worth $75,000.
About Direxion Daily NVDA Bull 2X Shares
(
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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.
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