TRUE Private Wealth Advisors Sells 1,914 Shares of Direxion Daily AMZN Bull 2X Shares $AMZU

TRUE Private Wealth Advisors decreased its position in Direxion Daily AMZN Bull 2X Shares (NASDAQ:AMZU) by 3.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,826 shares of the company’s stock after selling 1,914 shares during the period. TRUE Private Wealth Advisors owned approximately 0.73% of Direxion Daily AMZN Bull 2X Shares worth $1,937,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. SOA Wealth Advisors LLC. purchased a new position in Direxion Daily AMZN Bull 2X Shares in the second quarter worth about $41,000. SBI Securities Co. Ltd. increased its position in shares of Direxion Daily AMZN Bull 2X Shares by 2.2% during the second quarter. SBI Securities Co. Ltd. now owns 22,704 shares of the company’s stock valued at $833,000 after acquiring an additional 484 shares in the last quarter. Finally, Jane Street Group LLC raised its holdings in Direxion Daily AMZN Bull 2X Shares by 52.3% in the 1st quarter. Jane Street Group LLC now owns 38,665 shares of the company’s stock worth $1,158,000 after acquiring an additional 13,270 shares during the last quarter.

Direxion Daily AMZN Bull 2X Shares Trading Down 0.9%

AMZU stock opened at $34.17 on Wednesday. The stock’s 50 day simple moving average is $37.33 and its 200 day simple moving average is $36.54. Direxion Daily AMZN Bull 2X Shares has a 12-month low of $21.28 and a 12-month high of $50.61. The stock has a market capitalization of $397.43 million, a PE ratio of 32.75 and a beta of 1.95.

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.