X Square Capital LLC Purchases Shares of 15,299 Direxion Daily MSCI Brazil Bull 2X Shares (NYSEARCA:BRZU)

X Square Capital LLC acquired a new position in Direxion Daily MSCI Brazil Bull 2X Shares (NYSEARCA:BRZU) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 15,299 shares of the company’s stock, valued at approximately $634,000. X Square Capital LLC owned 1.21% of Direxion Daily MSCI Brazil Bull 2X Shares as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in BRZU. JPMorgan Chase & Co. raised its stake in shares of Direxion Daily MSCI Brazil Bull 2X Shares by 160.3% in the fourth quarter. JPMorgan Chase & Co. now owns 1,234 shares of the company’s stock valued at $51,000 after purchasing an additional 760 shares in the last quarter. SBI Securities Co. Ltd. acquired a new stake in shares of Direxion Daily MSCI Brazil Bull 2X Shares during the 4th quarter valued at about $86,000. LPL Financial LLC acquired a new position in Direxion Daily MSCI Brazil Bull 2X Shares in the fourth quarter worth about $309,000. Flow Traders U.S. LLC boosted its holdings in Direxion Daily MSCI Brazil Bull 2X Shares by 3.2% during the third quarter. Flow Traders U.S. LLC now owns 24,170 shares of the company’s stock valued at $1,687,000 after purchasing an additional 748 shares in the last quarter. Finally, Transcend Capital Advisors LLC bought a new stake in shares of Direxion Daily MSCI Brazil Bull 2X Shares in the 4th quarter valued at approximately $8,903,000.

Direxion Daily MSCI Brazil Bull 2X Shares Trading Down 0.2 %

Shares of BRZU opened at $55.12 on Friday. The stock has a 50 day simple moving average of $51.44 and a 200-day simple moving average of $55.58. The stock has a market cap of $138.35 million, a PE ratio of 8.63 and a beta of 2.40. Direxion Daily MSCI Brazil Bull 2X Shares has a 1 year low of $40.61 and a 1 year high of $88.91.

Direxion Daily MSCI Brazil Bull 2X Shares Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th will be issued a $0.0314 dividend. The ex-dividend date is Tuesday, March 25th.

Direxion Daily MSCI Brazil Bull 2X Shares Profile

The Direxion Daily MSCI Brazil Bull 2X Shares (BRZU) is an exchange-traded fund that is based on the MSCI Brazil 25-50 index. The fund provides 2x daily leveraged exposure to a market-cap-weighted index of large- and mid-cap Brazilian companies. BRZU was launched on Apr 10, 2013 and is managed by Direxion.