40,006 Shares in Direxion Daily AVGO Bull 2X Shares (NASDAQ:AVL) Acquired by Jane Street Group LLC

Jane Street Group LLC acquired a new position in shares of Direxion Daily AVGO Bull 2X Shares (NASDAQ:AVL - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 40,006 shares of the company's stock, valued at approximately $1,391,000. Jane Street Group LLC owned 2.13% of Direxion Daily AVGO Bull 2X Shares at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of AVL. Optiver Holding B.V. purchased a new stake in Direxion Daily AVGO Bull 2X Shares in the 4th quarter worth approximately $524,000. Susquehanna International Group LLP acquired a new position in shares of Direxion Daily AVGO Bull 2X Shares in the fourth quarter worth $3,233,000. Finally, IMC Chicago LLC purchased a new stake in shares of Direxion Daily AVGO Bull 2X Shares during the fourth quarter worth $1,408,000. Hedge funds and other institutional investors own 2.95% of the company's stock.

Direxion Daily AVGO Bull 2X Shares Price Performance

AVL traded down $0.48 during trading on Friday, reaching $27.27. 248,001 shares of the stock traded hands, compared to its average volume of 574,408. The stock has a market cap of $85.90 million and a price-to-earnings ratio of -1,363.50. Direxion Daily AVGO Bull 2X Shares has a fifty-two week low of $10.68 and a fifty-two week high of $41.49. The stock's 50-day simple moving average is $19.97 and its two-hundred day simple moving average is $25.11.

Direxion Daily AVGO Bull 2X Shares Announces 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 $0.1315 per share. This represents a $0.53 dividend on an annualized basis and a dividend yield of 1.93%. 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

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.