Direxion Daily MU Bull 2X ETF (NASDAQ:MUU) Shares Gap Up – Here’s What Happened

Shares of Direxion Daily MU Bull 2X ETF (NASDAQ:MUU) gapped up before the market opened on Monday . The stock had previously closed at $33.72, but opened at $35.65. Direxion Daily MU Bull 2X ETF shares last traded at $35.3330, with a volume of 8,803,228 shares trading hands.

Direxion Daily MU Bull 2X ETF Price Performance

The business has a 50 day moving average price of $29.96 and a 200 day moving average price of $26.74.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Optiver Holding B.V. acquired a new position in shares of Direxion Daily MU Bull 2X ETF during the first quarter worth approximately $1,533,000. Client First Investment Management LLC acquired a new stake in shares of Direxion Daily MU Bull 2X ETF in the fourth quarter worth $883,000. Renaissance Technologies LLC bought a new position in Direxion Daily MU Bull 2X ETF during the first quarter worth $1,023,000. Spartan Wealth Advisory Services LLC bought a new position in Direxion Daily MU Bull 2X ETF during the first quarter worth $808,000. Finally, Diversify Wealth Management LLC acquired a new position in Direxion Daily MU Bull 2X ETF during the 1st quarter valued at $658,000.

Direxion Daily MU Bull 2X ETF Company Profile

The Direxion Daily MU Bull 2X Shares (MUU) 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 Micron Technology, Inc stock. MUU was launched on Oct 10, 2024 and is issued by Direxion.