Client First Investment Management LLC Buys New Stake in Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU)

Client First Investment Management LLC purchased a new stake in Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,859 shares of the company’s stock, valued at approximately $291,000. Direxion Daily MSFT Bull 2X Shares makes up about 0.2% of Client First Investment Management LLC’s holdings, making the stock its 24th largest position. Client First Investment Management LLC owned about 0.25% of Direxion Daily MSFT Bull 2X Shares as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of MSFU. TRUE Private Wealth Advisors lifted its position in shares of Direxion Daily MSFT Bull 2X Shares by 1.3% during the 1st quarter. TRUE Private Wealth Advisors now owns 38,477 shares of the company’s stock worth $1,762,000 after buying an additional 495 shares during the last quarter. Elevatus Welath Management purchased a new stake in Direxion Daily MSFT Bull 2X Shares in the first quarter valued at $6,939,000. Virtu Financial LLC acquired a new position in Direxion Daily MSFT Bull 2X Shares in the first quarter valued at $240,000. Capital CS Group LLC purchased a new position in shares of Direxion Daily MSFT Bull 2X Shares during the second quarter worth about $314,000. Finally, Hollencrest Capital Management purchased a new position in shares of Direxion Daily MSFT Bull 2X Shares during the second quarter worth about $50,000.

Direxion Daily MSFT Bull 2X Shares Stock Performance

Direxion Daily MSFT Bull 2X Shares stock opened at $45.67 on Friday. The company has a market capitalization of $105.04 million, a P/E ratio of 43.52 and a beta of -2.33. Direxion Daily MSFT Bull 2X Shares has a fifty-two week low of $30.31 and a fifty-two week high of $54.39. The stock has a 50-day simple moving average of $43.28 and a 200-day simple moving average of $45.20.

Direxion Daily MSFT Bull 2X Shares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 2nd. Shareholders of record on Tuesday, June 25th were paid a $0.3713 dividend. This represents a $1.49 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date was Tuesday, June 25th.

Direxion Daily MSFT Bull 2X Shares Company 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.