Jane Street Group LLC Takes $1.16 Million Position in Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU)

Jane Street Group LLC acquired a new stake in shares of Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) during the third quarter, HoldingsChannel reports. The fund acquired 35,884 shares of the company’s stock, valued at approximately $1,164,000.

Other institutional investors also recently bought and sold shares of the company. Hollencrest Capital Management purchased a new stake in Direxion Daily AMZN Bull 2X Shares during the second quarter valued at approximately $37,000. Client First Investment Management LLC purchased a new stake in shares of Direxion Daily AMZN Bull 2X Shares during the 2nd quarter valued at $297,000. Regal Investment Advisors LLC acquired a new stake in shares of Direxion Daily AMZN Bull 2X Shares in the 2nd quarter worth $273,000. Traynor Capital Management Inc. grew its stake in Direxion Daily AMZN Bull 2X Shares by 56.4% during the 3rd quarter. Traynor Capital Management Inc. now owns 21,500 shares of the company’s stock worth $697,000 after buying an additional 7,750 shares during the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in Direxion Daily AMZN Bull 2X Shares during the 3rd quarter valued at about $446,000.

Direxion Daily AMZN Bull 2X Shares Stock Performance

Direxion Daily AMZN Bull 2X Shares stock opened at $43.89 on Monday. Direxion Daily AMZN Bull 2X Shares has a one year low of $22.11 and a one year high of $48.08. The stock has a market cap of $216.38 million, a PE ratio of 120.98 and a beta of -2.52. The stock has a 50-day moving average of $39.87 and a two-hundred day moving average of $35.25.

Direxion Daily AMZN Bull 2X Shares Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd will be issued a $0.2818 dividend. The ex-dividend date of this dividend is Monday, December 23rd.

Direxion Daily AMZN Bull 2X Shares Company Profile

The Direxion Daily AMZN Bull 1.5X Shares ETF (AMZU) is an exchange-traded fund that is based on the Amazon.com, Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Amazon stock. AMZU was launched on Sep 7, 2022 and is managed by Direxion.