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

IMC Chicago LLC lifted its position in shares of Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) by 203.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 48,433 shares of the company’s stock after purchasing an additional 32,482 shares during the period. IMC Chicago LLC’s holdings in Direxion Daily AMZN Bull 2X Shares were worth $2,035,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. TRUE Private Wealth Advisors grew its stake in Direxion Daily AMZN Bull 2X Shares by 1.2% in the 3rd quarter. TRUE Private Wealth Advisors now owns 53,836 shares of the company’s stock valued at $1,746,000 after purchasing an additional 639 shares during the period. Jane Street Group LLC bought a new position in Direxion Daily AMZN Bull 2X Shares during the third quarter valued at about $1,164,000. Virtu Financial LLC purchased a new stake in Direxion Daily AMZN Bull 2X Shares during the third quarter worth about $1,158,000. Traynor Capital Management Inc. increased its holdings in Direxion Daily AMZN Bull 2X Shares by 56.4% during the third quarter. Traynor Capital Management Inc. now owns 21,500 shares of the company’s stock worth $697,000 after buying an additional 7,750 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in Direxion Daily AMZN Bull 2X Shares in the third quarter worth about $446,000.

Direxion Daily AMZN Bull 2X Shares Stock Down 8.2 %

Direxion Daily AMZN Bull 2X Shares stock opened at $45.00 on Monday. The firm has a 50 day moving average price of $45.08 and a 200-day moving average price of $37.10. Direxion Daily AMZN Bull 2X Shares has a twelve month low of $22.11 and a twelve month high of $50.61. The company has a market capitalization of $200.25 million, a P/E ratio of 120.98 and a beta of -2.52.

Direxion Daily AMZN Bull 2X Shares Cuts Dividend

The company also recently disclosed 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 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.