Jane Street Group LLC lessened its stake in Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU - Free Report) by 29.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 25,395 shares of the company's stock after selling 10,489 shares during the quarter. Jane Street Group LLC owned approximately 0.57% of Direxion Daily AMZN Bull 2X Shares worth $1,067,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of the stock. PayPay Securities Corp acquired a new stake in Direxion Daily AMZN Bull 2X Shares during the fourth quarter worth about $31,000. Toth Financial Advisory Corp raised its stake in Direxion Daily AMZN Bull 2X Shares by 44.7% during the fourth quarter. Toth Financial Advisory Corp now owns 1,250 shares of the company's stock worth $53,000 after acquiring an additional 386 shares during the period. Hollencrest Capital Management acquired a new stake in Direxion Daily AMZN Bull 2X Shares during the fourth quarter worth about $85,000. SBI Securities Co. Ltd. acquired a new stake in Direxion Daily AMZN Bull 2X Shares during the fourth quarter worth about $228,000. Finally, Empowered Funds LLC acquired a new stake in Direxion Daily AMZN Bull 2X Shares during the fourth quarter worth about $262,000.
Direxion Daily AMZN Bull 2X Shares Trading Up 4.9%
AMZU traded up $1.53 on Tuesday, hitting $33.02. 917,695 shares of the company's stock were exchanged, compared to its average volume of 1,000,997. The firm has a market cap of $234.44 million, a PE ratio of 32.75 and a beta of -2.52. Direxion Daily AMZN Bull 2X Shares has a twelve month low of $21.28 and a twelve month high of $50.61. The stock has a fifty day moving average of $29.12 and a two-hundred day moving average of $37.38.
Direxion Daily AMZN Bull 2X Shares Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were paid a dividend of $0.2007 per share. The ex-dividend date was Tuesday, March 25th. This represents a $0.80 annualized dividend and a yield of 2.43%.
Direxion Daily AMZN Bull 2X Shares Company Profile
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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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