Susquehanna International Group LLP Has $2.04 Million Position in Direxion Daily META Bull 2X Shares (NASDAQ:METU)

Susquehanna International Group LLP grew its holdings in Direxion Daily META Bull 2X Shares (NASDAQ:METU) by 222.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 61,424 shares of the company’s stock after buying an additional 42,354 shares during the quarter. Susquehanna International Group LLP owned approximately 4.09% of Direxion Daily META Bull 2X Shares worth $2,044,000 at the end of the most recent reporting period.

Separately, SG Americas Securities LLC acquired a new stake in Direxion Daily META Bull 2X Shares in the 4th quarter valued at about $1,421,000.

Direxion Daily META Bull 2X Shares Price Performance

METU opened at $30.21 on Friday. The stock has a market capitalization of $95.77 million and a P/E ratio of 16.29. The company’s 50 day simple moving average is $29.26 and its 200-day simple moving average is $34.97. Direxion Daily META Bull 2X Shares has a one year low of $20.11 and a one year high of $52.12.

Direxion Daily META 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 dividend of $0.1737 per share. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $0.69 annualized dividend and a yield of 2.30%.

About Direxion Daily META Bull 2X Shares

The Direxion Daily META Bull 2X Shares (METU) is an exchange-traded fund that is based on the Meta Platforms Inc Class A index. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of META stock. METU was launched on Jun 5, 2024 and is issued by Direxion.