Susquehanna International Group LLP grew its holdings in Direxion Daily META Bull 2X Shares (NASDAQ:METU - Free Report) by 222.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 61,424 shares of the company's stock after buying an additional 42,354 shares during the quarter. Susquehanna International Group LLP owned approximately 4.09% of Direxion Daily META Bull 2X Shares worth $2,044,000 at the end of the most recent reporting period.
Separately, SG Americas Securities LLC acquired a new stake in Direxion Daily META Bull 2X Shares in the 4th quarter valued at about $1,421,000.
Direxion Daily META Bull 2X Shares Price Performance
METU opened at $30.21 on Friday. The stock has a market capitalization of $95.77 million and a P/E ratio of 16.29. The company's 50 day simple moving average is $29.26 and its 200-day simple moving average is $34.97. Direxion Daily META Bull 2X Shares has a one year low of $20.11 and a one year high of $52.12.
Direxion Daily META Bull 2X Shares Cuts Dividend
The company 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 $0.1737 per share. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $0.69 annualized dividend and a yield of 2.30%.
About Direxion Daily META Bull 2X Shares
(
Free Report)
The Direxion Daily META Bull 2X Shares (METU) is an exchange-traded fund that is based on the Meta Platforms Inc Class A index. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of META stock. METU was launched on Jun 5, 2024 and is issued by Direxion.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Direxion Daily META Bull 2X Shares, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Direxion Daily META Bull 2X Shares wasn't on the list.
While Direxion Daily META Bull 2X Shares currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
