SG Americas Securities LLC Invests $2.55 Million in Direxion Daily AMZN Bull 2X Shares $AMZU

SG Americas Securities LLC acquired a new position in Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 94,785 shares of the company’s stock, valued at approximately $2,546,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Group One Trading LLC raised its position in Direxion Daily AMZN Bull 2X Shares by 122.2% during the 3rd quarter. Group One Trading LLC now owns 76,418 shares of the company’s stock worth $2,658,000 after purchasing an additional 42,031 shares during the last quarter. Virtu Financial LLC bought a new stake in shares of Direxion Daily AMZN Bull 2X Shares in the 4th quarter valued at about $1,976,000. UBS Group AG increased its stake in shares of Direxion Daily AMZN Bull 2X Shares by 9,912.7% in the fourth quarter. UBS Group AG now owns 456,078 shares of the company’s stock valued at $15,940,000 after buying an additional 451,523 shares during the period. Jane Street Group LLC increased its stake in shares of Direxion Daily AMZN Bull 2X Shares by 52.3% in the first quarter. Jane Street Group LLC now owns 38,665 shares of the company’s stock valued at $1,158,000 after buying an additional 13,270 shares during the period. Finally, Tower Research Capital LLC TRC raised its position in shares of Direxion Daily AMZN Bull 2X Shares by 194.0% during the third quarter. Tower Research Capital LLC TRC now owns 16,171 shares of the company’s stock worth $562,000 after acquiring an additional 10,671 shares during the last quarter.

Direxion Daily AMZN Bull 2X Shares Price Performance

Direxion Daily AMZN Bull 2X Shares stock opened at $33.22 on Wednesday. The firm has a market cap of $338.18 million, a P/E ratio of 32.75 and a beta of 2.48. The stock’s 50 day moving average is $39.29 and its 200 day moving average is $34.55. Direxion Daily AMZN Bull 2X Shares has a one year low of $24.54 and a one year high of $47.14.

Direxion Daily AMZN Bull 2X Shares Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were given a dividend of $0.1722 per share. The ex-dividend date was Tuesday, June 23rd. This represents a $0.69 annualized dividend and a dividend yield of 2.1%.

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.