NASDAQ:NVDU

Direxion Daily NVDA Bull 2X Shares (NVDU) Price, Holdings, & News

$59.88
+0.01 (+0.02%)
(As of 04/29/2024 ET)
Today's Range
$56.40
$60.08
50-Day Range
$43.56
$71.17
52-Week Range
$20.18
$74.51
Volume
542,038 shs
Average Volume
360,605 shs
Market Capitalization
$136.53 million
Assets Under Management
$135.92 million
Dividend Yield
0.72%
Net Expense Ratio
1.04%
NVDU stock logo

About Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU)

The Direxion Daily NVDA Bull 2X Shares (NVDU) 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 NVIDIA stock. NVDU was launched on Sep 13, 2023 and is issued by Direxion.

NVDU Stock Price History

NVDU ETF News Headlines

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Fund Details

Issuer
Direxion
Fund Name
Direxion Daily NVDA Bull 2X Shares
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:NVDU
Inception Date
9/13/2023
Fund Manager
Paul Brigandi, Tony Ng
Previous Symbol
NASDAQ:NVDU
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Benchmark
N/A
Category
Focus
Development Level
Region
Number of Holdings
10

Fund Statistics

Assets Under Management
$135.92 million
Average Daily Volume
$0.00
Discount/Premium
0.13%
Leveraged
2.00

Administrator, Advisor and Custodian

Administrator
U.S. Bancorp Fund Services, LLC
Advisor
Rafferty Asset Management, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Foreside Fund Services, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
N/A

Options

Optionable
Optionable
Options Volume
289
Put Options
45
Call Options
244

Miscellaneous

Beta
3.72
Creation Unit
25,000
Creation Fee
$250.00
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Direxion Daily NVDA Bull 2X Shares Expenses

TypeNVDUNASDAQ ETFsAll ETFs
Management Fee0.75%0.48%0.51%
Other Expenses1.23%0.34%0.58%
Total Expense1.98%0.58%0.70%
Fee Waiver-0.94%-0.22%-0.57%
Net Expense1.04%0.54%0.58%

Direxion Daily NVDA Bull 2X Shares (NVDU) Holdings & Exposure

Top 9 NVDU Holdings

  • NVDA UW EQUITY SWAP
    Holding Weight: 66.50%
  • NVDA UW EQUITY SWAP
    Holding Weight: 63.22%
  • NVDA UW EQUITY SWAP
    Holding Weight: 56.36%
  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 34.94%
  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 34.01%
  • DREYFUS TRSRY SECURITIES CASH MGMT
    Holding Weight: 32.43%
  • GOLDMAN SACHS FIN GOV 465 INSTITUT
    Holding Weight: 27.06%
  • NVDA UW EQUITY SWAP
    Holding Weight: 7.87%
  • NVIDIA(NASDAQ:NVDA)
    Holding Weight: 6.05%

NVDU Sector Exposure

NVDU Industry Exposure


NVDU ETF - Frequently Asked Questions

How have NVDU shares performed in 2024?

Direxion Daily NVDA Bull 2X Shares' stock was trading at $27.87 on January 1st, 2024. Since then, NVDU shares have increased by 114.9% and is now trading at $59.88.
View the best growth stocks for 2024 here
.

Are investors shorting Direxion Daily NVDA Bull 2X Shares?

Direxion Daily NVDA Bull 2X Shares saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 39,100 shares, an increase of 60.9% from the March 31st total of 24,300 shares. Based on an average daily trading volume, of 389,200 shares, the days-to-cover ratio is currently 0.1 days.
View Direxion Daily NVDA Bull 2X Shares' Short Interest
.

How often does Direxion Daily NVDA Bull 2X Shares pay dividends? What is the dividend yield for Direxion Daily NVDA Bull 2X Shares?

Direxion Daily NVDA Bull 2X Shares announced a quarterly dividend on Monday, March 18th. Stockholders of record on Wednesday, March 20th will be paid a dividend of $0.2606 per share on Tuesday, March 26th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.74%. The ex-dividend date is Tuesday, March 19th. This is a boost from the stock's previous quarterly dividend of $0.18.
Read our dividend analysis for NVDU
.

What is the management fee for Direxion Daily NVDA Bull 2X Shares?

Direxion Daily NVDA Bull 2X Shares' management fee is 0.75% and has other expenses of 1.23%. However, NVDU has a fee waiver of -0.94% to reimburse the expenses. The net expense ratio for NVDU is 1.04%.

Who are Direxion Daily NVDA Bull 2X Shares' major shareholders?

Direxion Daily NVDA Bull 2X Shares' stock is owned by many different retail and institutional investors. Top institutional investors include IMC Chicago LLC (2.19%) and Simplex Trading LLC (0.83%).

How do I buy shares of Direxion Daily NVDA Bull 2X Shares?

Shares of NVDU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NVDU) was last updated on 4/29/2024 by MarketBeat.com Staff

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