IMC Chicago LLC Invests $802,000 in Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDU)

IMC Chicago LLC bought a new stake in shares of Direxion Daily NVDA Bull 2X Shares (NASDAQ:NVDUFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 28,789 shares of the company’s stock, valued at approximately $802,000. IMC Chicago LLC owned approximately 2.13% of Direxion Daily NVDA Bull 2X Shares as of its most recent filing with the Securities and Exchange Commission.

Separately, Citigroup Inc. purchased a new position in shares of Direxion Daily NVDA Bull 2X Shares during the 3rd quarter valued at $2,375,000.

Direxion Daily NVDA Bull 2X Shares Stock Up 17.1 %

Shares of NVDU traded up $11.76 during trading hours on Thursday, reaching $80.52. 481,916 shares of the stock traded hands, compared to its average volume of 374,506. Direxion Daily NVDA Bull 2X Shares has a 52-week low of $20.18 and a 52-week high of $82.22. The company’s 50-day moving average price is $62.08 and its two-hundred day moving average price is $45.80.

Direxion Daily NVDA Bull 2X Shares Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 26th. Shareholders of record on Wednesday, March 20th were issued a $0.2606 dividend. This is an increase from Direxion Daily NVDA Bull 2X Shares’s previous quarterly dividend of $0.18. This represents a $1.04 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date was Tuesday, March 19th.

Direxion Daily NVDA Bull 2X Shares Company Profile

(Free Report)

The Direxion Daily NVDA Bull 2X Shares (NVDU) 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 NVIDIA stock. NVDU was launched on Sep 13, 2023 and is issued by Direxion.

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