Barclays PLC Boosts Stake in Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU)

Barclays PLC increased its position in Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU) by 45.0% during the third quarter, Holdings Channel.com reports. The institutional investor owned 1,450 shares of the company’s stock after purchasing an additional 450 shares during the period. Barclays PLC’s holdings in Direxion Daily NVDA Bull 2X Shares were worth $136,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Hollencrest Capital Management purchased a new stake in shares of Direxion Daily NVDA Bull 2X Shares in the second quarter worth about $111,000. Captrust Financial Advisors bought a new stake in Direxion Daily NVDA Bull 2X Shares during the third quarter worth approximately $374,000. Creative Planning bought a new stake in Direxion Daily NVDA Bull 2X Shares during the third quarter worth approximately $377,000. AE Wealth Management LLC bought a new stake in Direxion Daily NVDA Bull 2X Shares during the second quarter worth approximately $533,000. Finally, Flow Traders U.S. LLC bought a new stake in Direxion Daily NVDA Bull 2X Shares during the third quarter worth approximately $2,165,000.

Direxion Daily NVDA Bull 2X Shares Price Performance

Shares of NASDAQ NVDU opened at $100.93 on Thursday. The business’s 50 day moving average is $112.80 and its two-hundred day moving average is $104.92. Direxion Daily NVDA Bull 2X Shares has a 1-year low of $29.72 and a 1-year high of $146.87.

Direxion Daily NVDA Bull 2X Shares Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a dividend of $0.6505 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Direxion Daily NVDA Bull 2X Shares Profile

The Direxion Daily NVDA Bull 2X Shares (NVDU) 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 NVIDIA stock. NVDU was launched on Sep 13, 2023 and is issued by Direxion.