4,396 Shares in Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) Acquired by Lake Street Advisors Group LLC

Lake Street Advisors Group LLC purchased a new stake in Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) during the 4th quarter, Holdings Channel.com reports. The fund purchased 4,396 shares of the company’s stock, valued at approximately $411,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of NVDU. Flow Traders U.S. LLC purchased a new position in shares of Direxion Daily NVDA Bull 2X Shares in the 3rd quarter valued at $2,165,000. Beaird Harris Wealth Management LLC acquired a new stake in Direxion Daily NVDA Bull 2X Shares in the 3rd quarter valued at $557,000. Creative Planning purchased a new position in Direxion Daily NVDA Bull 2X Shares in the third quarter valued at about $377,000. Captrust Financial Advisors acquired a new position in shares of Direxion Daily NVDA Bull 2X Shares during the third quarter worth about $374,000. Finally, Chicago Partners Investment Group LLC purchased a new stake in shares of Direxion Daily NVDA Bull 2X Shares in the fourth quarter worth about $206,000.

Direxion Daily NVDA Bull 2X Shares Trading Down 17.3 %

NVDU stock opened at $67.48 on Friday. Direxion Daily NVDA Bull 2X Shares has a 1 year low of $44.91 and a 1 year high of $146.87. The stock has a 50-day simple moving average of $90.27 and a 200-day simple moving average of $101.10.

Direxion Daily NVDA 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 given a $0.6505 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

About Direxion Daily NVDA Bull 2X Shares

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.