Optiver Holding B.V. Purchases 40,995 Shares of Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU)

Optiver Holding B.V. increased its holdings in shares of Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU - Free Report) by 340.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 53,029 shares of the company's stock after purchasing an additional 40,995 shares during the quarter. Optiver Holding B.V. owned 1.19% of Direxion Daily AMZN Bull 2X Shares worth $2,228,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. PayPay Securities Corp bought a new position in Direxion Daily AMZN Bull 2X Shares in the fourth quarter valued at approximately $31,000. Toth Financial Advisory Corp boosted its holdings in Direxion Daily AMZN Bull 2X Shares by 44.7% in the 4th quarter. Toth Financial Advisory Corp now owns 1,250 shares of the company's stock valued at $53,000 after purchasing an additional 386 shares during the period. Morse Asset Management Inc acquired a new position in Direxion Daily AMZN Bull 2X Shares in the 3rd quarter valued at $64,000. Hollencrest Capital Management acquired a new stake in Direxion Daily AMZN Bull 2X Shares during the fourth quarter worth about $85,000. Finally, SBI Securities Co. Ltd. bought a new stake in Direxion Daily AMZN Bull 2X Shares during the fourth quarter worth $228,000.

Direxion Daily AMZN Bull 2X Shares Price Performance

AMZU stock opened at $28.32 on Monday. Direxion Daily AMZN Bull 2X Shares has a 1 year low of $21.28 and a 1 year high of $50.61. The stock has a market cap of $205.32 million, a price-to-earnings ratio of 29.64 and a beta of -2.52. The company has a 50 day simple moving average of $31.25 and a 200 day simple moving average of $37.94.

Direxion Daily AMZN Bull 2X Shares Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were paid a $0.2007 dividend. This represents a $0.80 annualized dividend and a yield of 2.83%. The ex-dividend date of this dividend was Tuesday, March 25th.

Direxion Daily AMZN Bull 2X Shares Profile

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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