Larson Financial Group LLC purchased a new position in shares of Direxion Daily S&P 500 Bull 2X Shares (NYSEARCA:SPUU – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 437 shares of the company’s stock, valued at approximately $45,000.
Separately, Bison Wealth LLC acquired a new position in Direxion Daily S&P 500 Bull 2X Shares in the 3rd quarter valued at about $1,733,000.
Direxion Daily S&P 500 Bull 2X Shares Price Performance
NYSEARCA:SPUU opened at $115.63 on Friday. The firm has a market capitalization of $142.22 million, a price-to-earnings ratio of 30.57 and a beta of 1.98. The company’s 50-day moving average is $117.87 and its two-hundred day moving average is $104.75. Direxion Daily S&P 500 Bull 2X Shares has a 1-year low of $77.30 and a 1-year high of $123.88.
About Direxion Daily S&P 500 Bull 2X Shares
The Direxion Daily S&P 500 Bull 2X Shares (SPUU) is an exchange-traded fund that is based on the S&P 500 index. The fund provides 2x daily leveraged exposure to the S&P 500, a market-cap-weighted index of US large-cap stocks selected by S&Ps index committee. SPUU was launched on May 28, 2014 and is managed by Direxion.
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