Bank of America Corp DE bought a new position in Direxion Daily AVGO Bull 2X Shares (NASDAQ:AVL - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 25,000 shares of the company's stock, valued at approximately $869,000. Bank of America Corp DE owned 1.33% of Direxion Daily AVGO Bull 2X Shares at the end of the most recent quarter.
Other large investors have also made changes to their positions in the company. Jane Street Group LLC purchased a new position in shares of Direxion Daily AVGO Bull 2X Shares in the 4th quarter worth $1,391,000. Susquehanna International Group LLP purchased a new position in Direxion Daily AVGO Bull 2X Shares in the fourth quarter valued at about $3,233,000. IMC Chicago LLC purchased a new position in Direxion Daily AVGO Bull 2X Shares in the fourth quarter valued at about $1,408,000. Finally, Optiver Holding B.V. purchased a new position in Direxion Daily AVGO Bull 2X Shares in the fourth quarter valued at about $524,000. 2.95% of the stock is owned by hedge funds and other institutional investors.
Direxion Daily AVGO Bull 2X Shares Price Performance
NASDAQ:AVL opened at $31.59 on Friday. The business's 50-day moving average is $22.48 and its two-hundred day moving average is $25.82. Direxion Daily AVGO Bull 2X Shares has a 12 month low of $10.68 and a 12 month high of $41.49. The firm has a market capitalization of $99.51 million and a PE ratio of -1,579.50.
Direxion Daily AVGO Bull 2X Shares Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were given a $0.1315 dividend. This represents a $0.53 annualized dividend and a yield of 1.66%. The ex-dividend date was Tuesday, March 25th. Direxion Daily AVGO Bull 2X Shares's dividend payout ratio (DPR) is presently -1,000.00%.
Direxion Daily AVGO Bull 2X Shares Company Profile
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Free Report)
The Direxion Daily AVGO Bull 2X Shares (AVL) 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 Broadcom Inc stock. AVL was launched on Oct 10, 2024 and is issued by Direxion.
Further Reading
Want to see what other hedge funds are holding AVL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily AVGO Bull 2X Shares (NASDAQ:AVL - Free Report).
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