Turner Financial Group Inc. bought a new stake in Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU – Free Report) in the 2nd quarter, Holdings Channel reports. The institutional investor bought 15,095 shares of the company’s stock, valued at approximately $333,000.
Other hedge funds have also recently made changes to their positions in the company. SOA Wealth Advisors LLC. grew its holdings in shares of Direxion Daily MSFT Bull 2X Shares by 147.3% during the first quarter. SOA Wealth Advisors LLC. now owns 1,679 shares of the company’s stock worth $39,000 after purchasing an additional 1,000 shares during the last quarter. Parallel Advisors LLC raised its holdings in Direxion Daily MSFT Bull 2X Shares by 167.4% in the 4th quarter. Parallel Advisors LLC now owns 1,725 shares of the company’s stock valued at $72,000 after buying an additional 1,080 shares during the last quarter. Group One Trading LLC boosted its position in Direxion Daily MSFT Bull 2X Shares by 14.6% during the 4th quarter. Group One Trading LLC now owns 3,011 shares of the company’s stock worth $125,000 after buying an additional 384 shares during the period. Safe Harbor Fiduciary LLC acquired a new stake in Direxion Daily MSFT Bull 2X Shares during the 4th quarter worth approximately $132,000. Finally, StoneX Group Inc. bought a new stake in Direxion Daily MSFT Bull 2X Shares during the 4th quarter worth approximately $207,000.
Direxion Daily MSFT Bull 2X Shares Price Performance
MSFU opened at $37.94 on Friday. Direxion Daily MSFT Bull 2X Shares has a fifty-two week low of $19.47 and a fifty-two week high of $58.89. The company’s 50 day moving average price is $30.99 and its two-hundred day moving average price is $28.25. The firm has a market capitalization of $1.17 billion, a price-to-earnings ratio of 42.77 and a beta of 1.91.
Direxion Daily MSFT Bull 2X Shares Profile
The Direxion Daily MSFT Bull 1.5X Shares ETF (MSFU) is an exchange-traded fund that is based on the Microsoft Corporation index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Microsoft stock. MSFU was launched on Sep 7, 2022 and is managed by Direxion.
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Want to see what other hedge funds are holding MSFU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU – Free Report).
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