Prosperity Wealth Management Inc. purchased a new stake in Direxion Daily AVGO Bull 2X Shares (NASDAQ:AVL - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 21,886 shares of the company's stock, valued at approximately $350,000. Prosperity Wealth Management Inc. owned about 0.65% of Direxion Daily AVGO Bull 2X Shares at the end of the most recent reporting period.
Several other large investors have also modified their holdings of AVL. Susquehanna International Group LLP acquired a new stake in shares of Direxion Daily AVGO Bull 2X Shares in the fourth quarter valued at approximately $3,233,000. Jane Street Group LLC acquired a new stake in shares of Direxion Daily AVGO Bull 2X Shares in the fourth quarter valued at approximately $1,391,000. Bank of America Corp DE acquired a new stake in shares of Direxion Daily AVGO Bull 2X Shares in the fourth quarter valued at approximately $869,000. Finally, Optiver Holding B.V. acquired a new stake in shares of Direxion Daily AVGO Bull 2X Shares in the fourth quarter valued at approximately $524,000. 2.95% of the stock is currently owned by institutional investors and hedge funds.
Direxion Daily AVGO Bull 2X Shares Price Performance
AVL stock opened at $32.00 on Wednesday. The company's 50 day simple moving average is $24.96 and its 200-day simple moving average is $26.48. The firm has a market capitalization of $100.80 million and a PE ratio of -1,600.00. Direxion Daily AVGO Bull 2X Shares has a 12 month low of $10.68 and a 12 month high of $41.49.
Direxion Daily AVGO Bull 2X Shares Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were given a $0.1315 dividend. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $0.53 annualized dividend and a dividend yield of 1.64%. Direxion Daily AVGO Bull 2X Shares's dividend payout ratio is presently -1,000.00%.
About Direxion Daily AVGO Bull 2X Shares
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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.
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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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