Optiver Holding B.V. Buys 31,713 Shares of Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU)

Optiver Holding B.V. raised its position in shares of Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU - Free Report) by 2,298.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 33,093 shares of the company's stock after purchasing an additional 31,713 shares during the quarter. Optiver Holding B.V. owned 1.00% of Direxion Daily MSFT Bull 2X Shares worth $1,307,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of MSFU. PayPay Securities Corp purchased a new position in shares of Direxion Daily MSFT Bull 2X Shares during the 4th quarter valued at $31,000. TRUE Private Wealth Advisors raised its holdings in Direxion Daily MSFT Bull 2X Shares by 7.5% during the fourth quarter. TRUE Private Wealth Advisors now owns 40,255 shares of the company's stock valued at $1,589,000 after acquiring an additional 2,793 shares during the period. Finally, SBI Securities Co. Ltd. purchased a new position in shares of Direxion Daily MSFT Bull 2X Shares in the fourth quarter valued at about $267,000.

Direxion Daily MSFT Bull 2X Shares Price Performance

Shares of NASDAQ MSFU traded up $1.67 during mid-day trading on Friday, reaching $38.85. The company's stock had a trading volume of 1,216,809 shares, compared to its average volume of 474,601. The stock has a fifty day moving average of $31.40 and a two-hundred day moving average of $37.67. The firm has a market capitalization of $172.11 million, a PE ratio of 31.84 and a beta of -2.33. Direxion Daily MSFT Bull 2X Shares has a 52 week low of $25.06 and a 52 week high of $54.39.

Direxion Daily MSFT Bull 2X Shares Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were issued a dividend of $0.2456 per share. This represents a $0.98 dividend on an annualized basis and a yield of 2.53%. The ex-dividend date was Tuesday, March 25th.

Direxion Daily MSFT Bull 2X Shares Company Profile

The Direxion Daily MSFT Bull 1.5X Shares ETF (MSFU) is an exchange-traded fund that is based on the Microsoft Corporation index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Microsoft stock. MSFU was launched on Sep 7, 2022 and is managed by Direxion.