IMC Chicago LLC lessened its holdings in Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU - Free Report) by 79.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,083 shares of the company's stock after selling 38,350 shares during the quarter. IMC Chicago LLC owned 0.14% of Direxion Daily AMZN Bull 2X Shares worth $302,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently added to or reduced their stakes in AMZU. Optiver Holding B.V. boosted its stake in shares of Direxion Daily AMZN Bull 2X Shares by 340.7% during the 4th quarter. Optiver Holding B.V. now owns 53,029 shares of the company's stock worth $2,228,000 after acquiring an additional 40,995 shares in the last quarter. Simplex Trading LLC purchased a new stake in shares of Direxion Daily AMZN Bull 2X Shares during the 4th quarter worth approximately $1,043,000. Renaissance Technologies LLC purchased a new stake in shares of Direxion Daily AMZN Bull 2X Shares during the 4th quarter worth approximately $475,000. Empowered Funds LLC purchased a new stake in shares of Direxion Daily AMZN Bull 2X Shares during the 4th quarter worth approximately $262,000. Finally, SBI Securities Co. Ltd. purchased a new stake in shares of Direxion Daily AMZN Bull 2X Shares during the 4th quarter worth approximately $228,000.
Direxion Daily AMZN Bull 2X Shares Trading Down 1.1%
Shares of NASDAQ:AMZU traded down $0.37 during trading on Friday, hitting $34.78. 1,234,718 shares of the stock were exchanged, compared to its average volume of 1,041,039. The company has a fifty day moving average price of $30.18 and a two-hundred day moving average price of $37.03. The company has a market cap of $246.94 million, a PE ratio of 32.75 and a beta of -2.52. Direxion Daily AMZN Bull 2X Shares has a 12-month low of $21.28 and a 12-month high of $50.61.
Direxion Daily AMZN Bull 2X Shares Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were paid a dividend of $0.2007 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.31%. The ex-dividend date of this dividend was Tuesday, March 25th.
About Direxion Daily AMZN Bull 2X Shares
(
Free Report)
The Direxion Daily AMZN Bull 1.5X Shares ETF (AMZU) is an exchange-traded fund that is based on the Amazon.com, Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Amazon stock. AMZU was launched on Sep 7, 2022 and is managed by Direxion.
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