Optiver Holding B.V. Sells 19,139 Shares of Direxion Daily AVGO Bull 2X Shares $AVL

Optiver Holding B.V. lessened its position in shares of Direxion Daily AVGO Bull 2X Shares (NASDAQ:AVL) by 55.3% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 15,448 shares of the company’s stock after selling 19,139 shares during the quarter. Optiver Holding B.V.’s holdings in Direxion Daily AVGO Bull 2X Shares were worth $508,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of AVL. Virtu Financial LLC purchased a new position in Direxion Daily AVGO Bull 2X Shares in the fourth quarter worth about $1,579,000. IMC Chicago LLC bought a new stake in shares of Direxion Daily AVGO Bull 2X Shares during the 4th quarter valued at about $530,000. Simplex Trading LLC purchased a new stake in shares of Direxion Daily AVGO Bull 2X Shares during the 4th quarter valued at about $98,000. Vestor Capital LLC purchased a new stake in shares of Direxion Daily AVGO Bull 2X Shares during the 4th quarter valued at about $2,209,000. Finally, HRT Financial LP purchased a new stake in shares of Direxion Daily AVGO Bull 2X Shares during the 4th quarter valued at about $401,000. Institutional investors own 2.95% of the company’s stock.

Direxion Daily AVGO Bull 2X Shares Trading Up 0.8%

AVL opened at $45.86 on Friday. The company has a market cap of $193.53 million, a price-to-earnings ratio of -2,293.00 and a beta of 3.97. The company’s 50 day moving average is $48.77 and its 200 day moving average is $45.65. Direxion Daily AVGO Bull 2X Shares has a 12-month low of $28.95 and a 12-month high of $80.21.

Direxion Daily AVGO Bull 2X Shares Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were paid a dividend of $0.2004 per share. This represents a $0.80 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Tuesday, June 23rd. Direxion Daily AVGO Bull 2X Shares’s dividend payout ratio (DPR) is currently -64,650.00%.

About Direxion Daily AVGO Bull 2X Shares

The Direxion Daily AVGO Bull 2X Shares (AVL) 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 Broadcom Inc stock. AVL was launched on Oct 10, 2024 and is issued by Direxion.