T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU) Reaches New 12-Month Low – What’s Next?

T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU)’s share price reached a new 52-week low on Thursday . The stock traded as low as $2.98 and last traded at $2.99, with a volume of 29295925 shares. The stock had previously closed at $3.08.

T-Rex 2X Long MSTR Daily Target ETF Stock Up 6.0%

The company’s 50 day simple moving average is $6.04 and its 200 day simple moving average is $7.23.

Institutional Trading of T-Rex 2X Long MSTR Daily Target ETF

Large investors have recently made changes to their positions in the company. Apollon Wealth Management LLC acquired a new stake in T-Rex 2X Long MSTR Daily Target ETF during the 1st quarter worth $42,000. NorthRock Partners LLC acquired a new position in T-Rex 2X Long MSTR Daily Target ETF in the third quarter valued at about $46,000. NewEdge Advisors LLC bought a new stake in shares of T-Rex 2X Long MSTR Daily Target ETF in the first quarter worth about $51,000. United Capital Management of KS Inc. raised its position in shares of T-Rex 2X Long MSTR Daily Target ETF by 91.6% during the third quarter. United Capital Management of KS Inc. now owns 28,771 shares of the company’s stock worth $134,000 after purchasing an additional 13,754 shares during the period. Finally, Focus Partners Wealth acquired a new stake in shares of T-Rex 2X Long MSTR Daily Target ETF during the third quarter worth about $70,000.

T-Rex 2X Long MSTR Daily Target ETF Company Profile

The T-Rex 2X Long MSTR Daily Target ETF (MSTU) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x leveraged exposure to the daily price movement of MicroStrategy Inc stock (NYSE: MSTR), less fees and expenses. MSTU was launched on Sep 18, 2024 and is issued by Tuttle Capital Management.