Turner Financial Group Inc. Buys New Position in T-Rex 2X Long MSTR Daily Target ETF $MSTU

Turner Financial Group Inc. bought a new position in shares of T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU) during the second quarter, HoldingsChannel reports. The institutional investor bought 31,578 shares of the company’s stock, valued at approximately $51,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Concurrent Investment Advisors LLC acquired a new stake in T-Rex 2X Long MSTR Daily Target ETF in the 2nd quarter valued at about $98,000. NewEdge Advisors LLC acquired a new position in shares of T-Rex 2X Long MSTR Daily Target ETF in the 1st quarter worth approximately $51,000. Optiver Holding B.V. raised its holdings in shares of T-Rex 2X Long MSTR Daily Target ETF by 1,871.1% in the 1st quarter. Optiver Holding B.V. now owns 357,742 shares of the company’s stock worth $1,520,000 after purchasing an additional 339,593 shares in the last quarter. Renaissance Technologies LLC bought a new stake in shares of T-Rex 2X Long MSTR Daily Target ETF in the 1st quarter worth approximately $1,605,000. Finally, WJ Financial Advisors LLC acquired a new stake in T-Rex 2X Long MSTR Daily Target ETF during the first quarter valued at approximately $149,000.

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

MSTU stock opened at $36.46 on Friday. T-Rex 2X Long MSTR Daily Target ETF has a 12 month low of $14.60 and a 12 month high of $591.00. The firm has a 50 day simple moving average of $21.80 and a 200 day simple moving average of $42.44.

T-Rex 2X Long MSTR Daily Target ETF Dividend Announcement

The business also recently declared a special dividend, which was paid on Wednesday, August 26th. Shareholders of record on Tuesday, August 25th were issued a $0.2881 dividend. The ex-dividend date of this dividend was Tuesday, August 25th.

T-Rex 2X Long MSTR Daily Target ETF 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.