T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU) Sets New 12-Month Low – Here’s What Happened

T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU)’s stock price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $2.98 and last traded at $2.99, with a volume of 29295925 shares changing hands. The stock had previously closed at $3.08.

T-Rex 2X Long MSTR Daily Target ETF Stock Performance

The stock has a 50-day moving average of $6.07 and a 200-day moving average of $7.37.

Institutional Trading of T-Rex 2X Long MSTR Daily Target ETF

A number of hedge funds and other institutional investors have recently modified their holdings of MSTU. Apollon Wealth Management LLC bought a new stake in shares of T-Rex 2X Long MSTR Daily Target ETF in the 1st quarter worth $42,000. NorthRock Partners LLC bought a new stake in shares of T-Rex 2X Long MSTR Daily Target ETF in the 3rd quarter worth $46,000. NewEdge Advisors LLC bought a new stake in shares of T-Rex 2X Long MSTR Daily Target ETF in the 1st quarter worth $51,000. Focus Partners Wealth bought a new stake in shares of T-Rex 2X Long MSTR Daily Target ETF in the 3rd quarter worth $70,000. Finally, United Capital Management of KS Inc. raised its stake in shares of T-Rex 2X Long MSTR Daily Target ETF by 91.6% in the 3rd quarter. United Capital Management of KS Inc. now owns 28,771 shares of the company’s stock worth $134,000 after buying an additional 13,754 shares in the last quarter.

T-Rex 2X Long MSTR Daily Target ETF Company Profile

The T-Rex 2X Long MSTR Daily Target ETF (MSTU) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x leveraged exposure to the daily price movement of MicroStrategy Inc stock (NYSE: MSTR), less fees and expenses. MSTU was launched on Sep 18, 2024 and is issued by Tuttle Capital Management.