StoneX Group Inc. Makes New $4.13 Million Investment in Direxion Daily MU Bull 2X ETF $MUU

StoneX Group Inc. purchased a new position in shares of Direxion Daily MU Bull 2X ETF (NASDAQ:MUU) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 112,129 shares of the company’s stock, valued at approximately $4,129,000. StoneX Group Inc. owned approximately 0.08% of Direxion Daily MU Bull 2X ETF as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Parallel Advisors LLC boosted its stake in Direxion Daily MU Bull 2X ETF by 7,354.5% in the third quarter. Parallel Advisors LLC now owns 1,640 shares of the company’s stock valued at $60,000 after buying an additional 1,618 shares in the last quarter. Vestor Capital LLC acquired a new position in Direxion Daily MU Bull 2X ETF during the third quarter worth about $73,000. Wealth Management Partners LLC acquired a new position in Direxion Daily MU Bull 2X ETF during the third quarter worth about $212,000. Corient Private Wealth LP acquired a new position in Direxion Daily MU Bull 2X ETF during the second quarter worth about $523,000. Finally, Aviance Capital Partners LLC bought a new position in shares of Direxion Daily MU Bull 2X ETF in the third quarter worth about $545,000.

Direxion Daily MU Bull 2X ETF Stock Performance

MUU opened at $13.78 on Friday. The company’s 50 day moving average is $30.01 and its 200-day moving average is $24.72. Direxion Daily MU Bull 2X ETF has a 1-year low of $2.52 and a 1-year high of $62.64.

About Direxion Daily MU Bull 2X ETF

The Direxion Daily MU Bull 2X Shares (MUU) 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 Micron Technology, Inc stock. MUU was launched on Oct 10, 2024 and is issued by Direxion.