Renaissance Technologies LLC bought a new stake in shares of Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 11,300 shares of the company's stock, valued at approximately $475,000. Renaissance Technologies LLC owned about 0.25% of Direxion Daily AMZN Bull 2X Shares at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. PayPay Securities Corp purchased a new position in Direxion Daily AMZN Bull 2X Shares during the fourth quarter valued at $31,000. Toth Financial Advisory Corp boosted its holdings in shares of Direxion Daily AMZN Bull 2X Shares by 44.7% in the fourth 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. Hollencrest Capital Management purchased a new stake in Direxion Daily AMZN Bull 2X Shares in the fourth quarter worth about $85,000. SBI Securities Co. Ltd. bought a new position in Direxion Daily AMZN Bull 2X Shares in the fourth quarter worth approximately $228,000. Finally, Empowered Funds LLC bought a new stake in shares of Direxion Daily AMZN Bull 2X Shares in the 4th quarter valued at about $262,000.
Direxion Daily AMZN Bull 2X Shares Trading Up 0.6 %
Shares of NASDAQ AMZU traded up $0.16 during midday trading on Friday, reaching $29.25. The company had a trading volume of 573,757 shares, compared to its average volume of 949,070. The business's 50-day simple moving average is $29.22 and its 200 day simple moving average is $37.57. 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 $207.68 million, a P/E ratio of 29.64 and a beta of -2.52.
Direxion Daily AMZN Bull 2X Shares Cuts Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were issued a dividend of $0.2007 per share. This represents a $0.80 dividend on an annualized basis and a yield of 2.74%. The ex-dividend date of this dividend was Tuesday, March 25th.
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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