SOA Wealth Advisors LLC. Buys Shares of 448 Direxion Daily NVDA Bull 2X Shares $NVDU

SOA Wealth Advisors LLC. bought a new position in Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 448 shares of the company’s stock, valued at approximately $44,000.

A number of other institutional investors have also recently added to or reduced their stakes in NVDU. Western Pacific Wealth Management LP acquired a new stake in Direxion Daily NVDA Bull 2X Shares in the first quarter worth approximately $26,000. Beacon Capital Management LLC acquired a new stake in Direxion Daily NVDA Bull 2X Shares in the first quarter worth approximately $128,000. New Millennium Group LLC acquired a new stake in Direxion Daily NVDA Bull 2X Shares in the first quarter worth approximately $171,000. Narus Financial Partners LLC acquired a new stake in Direxion Daily NVDA Bull 2X Shares in the first quarter worth approximately $246,000. Finally, SBI Securities Co. Ltd. lifted its position in Direxion Daily NVDA Bull 2X Shares by 45.0% in the first quarter. SBI Securities Co. Ltd. now owns 71,171 shares of the company’s stock worth $3,744,000 after purchasing an additional 22,096 shares during the period.

Direxion Daily NVDA Bull 2X Shares Stock Performance

NASDAQ NVDU opened at $132.41 on Friday. The stock has a market capitalization of $688.53 million, a P/E ratio of 42.98 and a beta of 4.15. Direxion Daily NVDA Bull 2X Shares has a 1 year low of $32.63 and a 1 year high of $142.52. The business’s fifty day moving average is $122.12 and its two-hundred day moving average is $90.34.

Direxion Daily NVDA Bull 2X Shares Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 23rd were paid a dividend of $0.4973 per share. This represents a $1.99 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Tuesday, September 23rd.

Direxion Daily NVDA Bull 2X Shares 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.