SOA Wealth Advisors LLC. Acquires Shares of 1,114 Direxion Daily AMZN Bull 2X Shares $AMZU

SOA Wealth Advisors LLC. acquired a new stake in shares of Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) during the second quarter, HoldingsChannel reports. The fund acquired 1,114 shares of the company’s stock, valued at approximately $41,000.

Other hedge funds have also added to or reduced their stakes in the company. Summit Trail Advisors LLC purchased a new position in Direxion Daily AMZN Bull 2X Shares during the 1st quarter valued at $4,947,000. SBI Securities Co. Ltd. increased its position in Direxion Daily AMZN Bull 2X Shares by 309.2% during the 1st quarter. SBI Securities Co. Ltd. now owns 22,220 shares of the company’s stock valued at $666,000 after purchasing an additional 16,790 shares during the period. Finally, Jane Street Group LLC increased its position in Direxion Daily AMZN Bull 2X Shares by 52.3% during the 1st quarter. Jane Street Group LLC now owns 38,665 shares of the company’s stock valued at $1,158,000 after purchasing an additional 13,270 shares during the period.

Direxion Daily AMZN Bull 2X Shares Trading Down 2.7%

Shares of Direxion Daily AMZN Bull 2X Shares stock opened at $34.71 on Friday. The company’s fifty day simple moving average is $37.81 and its two-hundred day simple moving average is $34.29. The company has a market cap of $396.74 million, a P/E ratio of 32.75 and a beta of -2.52. Direxion Daily AMZN Bull 2X Shares has a 12-month low of $21.28 and a 12-month high of $50.61.

Direxion Daily AMZN Bull 2X Shares 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.