Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) Shares Acquired by Toth Financial Advisory Corp

Toth Financial Advisory Corp lifted its stake in Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) by 44.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 1,250 shares of the company’s stock after acquiring an additional 386 shares during the quarter. Toth Financial Advisory Corp’s holdings in Direxion Daily AMZN Bull 2X Shares were worth $53,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Jane Street Group LLC purchased a new stake in Direxion Daily AMZN Bull 2X Shares in the third quarter valued at approximately $1,164,000. Virtu Financial LLC acquired a new stake in shares of Direxion Daily AMZN Bull 2X Shares in the third quarter valued at $1,158,000. Flow Traders U.S. LLC acquired a new stake in shares of Direxion Daily AMZN Bull 2X Shares in the third quarter valued at $446,000. Traynor Capital Management Inc. raised its holdings in shares of Direxion Daily AMZN Bull 2X Shares by 56.4% in the 3rd quarter. Traynor Capital Management Inc. now owns 21,500 shares of the company’s stock valued at $697,000 after buying an additional 7,750 shares during the period. Finally, Regal Investment Advisors LLC acquired a new position in Direxion Daily AMZN Bull 2X Shares during the 2nd quarter worth about $273,000.

Direxion Daily AMZN Bull 2X Shares Price Performance

Shares of Direxion Daily AMZN Bull 2X Shares stock opened at $47.59 on Friday. The stock has a market capitalization of $217.49 million, a price-to-earnings ratio of 120.98 and a beta of -2.52. The business has a 50-day moving average of $42.93 and a 200 day moving average of $36.22. Direxion Daily AMZN Bull 2X Shares has a 12 month low of $22.11 and a 12 month high of $48.23.

Direxion Daily AMZN Bull 2X Shares Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a $0.2818 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Direxion Daily AMZN Bull 2X Shares Company 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.