35,823 Shares in Direxion Daily AVGO Bull 2X Shares $AVL Purchased by Virtu Financial LLC

Virtu Financial LLC purchased a new stake in shares of Direxion Daily AVGO Bull 2X Shares (NASDAQ:AVL) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 35,823 shares of the company’s stock, valued at approximately $1,579,000.

Several other large investors have also recently added to or reduced their stakes in AVL. Vestor Capital LLC bought a new stake in shares of Direxion Daily AVGO Bull 2X Shares in the 4th quarter worth approximately $2,209,000. IMC Chicago LLC acquired a new stake in shares of Direxion Daily AVGO Bull 2X Shares during the 4th quarter worth approximately $530,000. HRT Financial LP acquired a new stake in shares of Direxion Daily AVGO Bull 2X Shares during the 4th quarter worth approximately $401,000. Cresset Asset Management LLC bought a new stake in shares of Direxion Daily AVGO Bull 2X Shares during the second quarter valued at approximately $236,000. Finally, SBI Securities Co. Ltd. increased its position in shares of Direxion Daily AVGO Bull 2X Shares by 70.2% during the fourth quarter. SBI Securities Co. Ltd. now owns 4,632 shares of the company’s stock valued at $204,000 after purchasing an additional 1,910 shares during the period. Institutional investors and hedge funds own 2.95% of the company’s stock.

Direxion Daily AVGO Bull 2X Shares Stock Performance

Shares of NASDAQ AVL opened at $52.89 on Friday. The business has a fifty day simple moving average of $55.86 and a 200 day simple moving average of $46.97. The firm has a market capitalization of $170.31 million, a price-to-earnings ratio of -2,644.50 and a beta of 3.67. Direxion Daily AVGO Bull 2X Shares has a one year low of $28.95 and a one year high of $80.21.

Direxion Daily AVGO Bull 2X Shares Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 24th were issued a $0.2562 dividend. This is a boost from Direxion Daily AVGO Bull 2X Shares’s previous quarterly dividend of $0.16. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $1.02 annualized dividend and a yield of 1.9%. Direxion Daily AVGO Bull 2X Shares’s payout ratio is presently -64,600.00%.

About Direxion Daily AVGO Bull 2X Shares

The Direxion Daily AVGO Bull 2X Shares (AVL) 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 Broadcom Inc stock. AVL was launched on Oct 10, 2024 and is issued by Direxion.