Captrust Financial Advisors Increases Stock Holdings in Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU)

Captrust Financial Advisors boosted its stake in Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) by 45.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 5,830 shares of the company’s stock after purchasing an additional 1,830 shares during the quarter. Captrust Financial Advisors’ holdings in Direxion Daily NVDA Bull 2X Shares were worth $546,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. purchased a new stake in shares of Direxion Daily NVDA Bull 2X Shares during the fourth quarter worth about $37,000. Barclays PLC boosted its holdings in Direxion Daily NVDA Bull 2X Shares by 45.0% in the 3rd quarter. Barclays PLC now owns 1,450 shares of the company’s stock worth $136,000 after buying an additional 450 shares during the last quarter. PayPay Securities Corp purchased a new stake in Direxion Daily NVDA Bull 2X Shares during the 4th quarter worth approximately $47,000. Tucker Asset Management LLC acquired a new position in shares of Direxion Daily NVDA Bull 2X Shares during the fourth quarter valued at approximately $51,000. Finally, Tower Research Capital LLC TRC raised its holdings in shares of Direxion Daily NVDA Bull 2X Shares by 9,110.0% during the fourth quarter. Tower Research Capital LLC TRC now owns 921 shares of the company’s stock valued at $86,000 after acquiring an additional 911 shares during the last quarter.

Direxion Daily NVDA Bull 2X Shares Price Performance

Shares of NASDAQ:NVDU opened at $74.73 on Monday. Direxion Daily NVDA Bull 2X Shares has a 1 year low of $32.63 and a 1 year high of $146.87. The firm has a market capitalization of $671.08 million, a PE ratio of 34.72 and a beta of 4.15. The business’s 50 day moving average price is $54.47 and its 200-day moving average price is $82.76.

Direxion Daily NVDA Bull 2X Shares Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were issued a $0.4201 dividend. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $1.68 dividend on an annualized basis and a yield of 2.25%.

Direxion Daily NVDA Bull 2X Shares Company 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.