Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) Shares Sold by HUB Investment Partners LLC

HUB Investment Partners LLC lowered its stake in Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) by 6.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 2,900 shares of the company’s stock after selling 200 shares during the quarter. HUB Investment Partners LLC’s holdings in Direxion Daily NVDA Bull 2X Shares were worth $271,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. purchased a new position in Direxion Daily NVDA Bull 2X Shares during the fourth quarter valued at $4,593,000. Flow Traders U.S. LLC purchased a new position in Direxion Daily NVDA Bull 2X Shares in the 3rd quarter valued at about $2,165,000. Beaird Harris Wealth Management LLC acquired a new stake in Direxion Daily NVDA Bull 2X Shares in the 3rd quarter worth about $557,000. Lake Street Advisors Group LLC purchased a new stake in Direxion Daily NVDA Bull 2X Shares during the 4th quarter worth approximately $411,000. Finally, Captrust Financial Advisors acquired a new position in shares of Direxion Daily NVDA Bull 2X Shares during the third quarter valued at approximately $374,000.

Direxion Daily NVDA Bull 2X Shares Price Performance

Shares of NASDAQ:NVDU opened at $62.44 on Friday. Direxion Daily NVDA Bull 2X Shares has a 1 year low of $44.91 and a 1 year high of $146.87. The firm has a market capitalization of $538.86 million, a PE ratio of 43.89 and a beta of 4.15. The business’s 50 day moving average price is $77.73 and its 200-day moving average price is $96.84.

Direxion Daily NVDA Bull 2X Shares Profile

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.