IMC Chicago LLC Buys 32,482 Shares of Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU)

IMC Chicago LLC raised its stake in Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) by 203.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,433 shares of the company’s stock after acquiring an additional 32,482 shares during the period. IMC Chicago LLC owned approximately 1.06% of Direxion Daily AMZN Bull 2X Shares worth $2,035,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Toth Financial Advisory Corp boosted its stake in 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 buying an additional 386 shares in the last quarter. Morse Asset Management Inc acquired a new stake in shares of Direxion Daily AMZN Bull 2X Shares in the 3rd quarter valued at approximately $64,000. Flow Traders U.S. LLC bought a new stake in shares of Direxion Daily AMZN Bull 2X Shares during the 3rd quarter valued at approximately $446,000. Traynor Capital Management Inc. grew its holdings in shares of Direxion Daily AMZN Bull 2X Shares by 56.4% during the 3rd quarter. Traynor Capital Management Inc. now owns 21,500 shares of the company’s stock valued at $697,000 after purchasing an additional 7,750 shares during the last quarter. Finally, Virtu Financial LLC acquired a new position in Direxion Daily AMZN Bull 2X Shares during the 3rd quarter worth approximately $1,158,000.

Direxion Daily AMZN Bull 2X Shares Stock Down 8.2 %

NASDAQ AMZU opened at $45.00 on Monday. The company has a market cap of $200.25 million, a price-to-earnings ratio of 120.98 and a beta of -2.52. Direxion Daily AMZN Bull 2X Shares has a twelve month low of $22.11 and a twelve month high of $50.61. The business’s fifty day moving average is $45.08 and its 200 day moving average is $37.10.

Direxion Daily AMZN Bull 2X Shares Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a dividend of $0.2818 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Direxion Daily AMZN Bull 2X Shares Company 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.