Virtu Financial LLC Purchases New Shares in Direxion Daily META Bull 2X Shares $METU

Virtu Financial LLC acquired a new stake in Direxion Daily META Bull 2X Shares (NASDAQ:METU) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 27,277 shares of the company’s stock, valued at approximately $876,000.

Several other large investors have also recently added to or reduced their stakes in METU. Parallel Advisors LLC acquired a new stake in shares of Direxion Daily META Bull 2X Shares during the fourth quarter worth $26,000. SRH Advisors LLC acquired a new position in shares of Direxion Daily META Bull 2X Shares in the fourth quarter valued at about $28,000. Summit Securities Group LLC acquired a new position in shares of Direxion Daily META Bull 2X Shares in the fourth quarter valued at about $32,000. Mcguire Capital Advisors Inc. bought a new position in Direxion Daily META Bull 2X Shares during the fourth quarter worth about $35,000. Finally, SOA Wealth Advisors LLC. increased its position in Direxion Daily META Bull 2X Shares by 42.3% during the fourth quarter. SOA Wealth Advisors LLC. now owns 1,849 shares of the company’s stock worth $59,000 after acquiring an additional 550 shares during the period.

Direxion Daily META Bull 2X Shares Price Performance

Shares of Direxion Daily META Bull 2X Shares stock opened at $21.52 on Monday. The stock has a market capitalization of $314.62 million, a price-to-earnings ratio of 24.62 and a beta of 3.07. Direxion Daily META Bull 2X Shares has a twelve month low of $18.62 and a twelve month high of $51.20. The company has a 50-day simple moving average of $25.71 and a two-hundred day simple moving average of $28.33.

Direxion Daily META Bull 2X Shares Company Profile

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.