T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU) Trading Down 8.6% – Here’s What Happened

T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTUGet Free Report)’s share price fell 8.6% during trading on Monday . The company traded as low as $1.51 and last traded at $1.60. 144,210,820 shares changed hands during trading, The stock had previously closed at $1.75.

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

The company has a 50-day simple moving average of $3.86 and a two-hundred day simple moving average of $6.42.

Hedge Funds Weigh In On T-Rex 2X Long MSTR Daily Target ETF

Several institutional investors have recently added to or reduced their stakes in MSTU. Focus Partners Wealth bought a new stake in T-Rex 2X Long MSTR Daily Target ETF in the third quarter worth about $70,000. NorthRock Partners LLC bought a new stake in shares of T-Rex 2X Long MSTR Daily Target ETF in the 3rd quarter worth approximately $46,000. United Capital Management of KS Inc. lifted its stake in T-Rex 2X Long MSTR Daily Target ETF by 91.6% in the third quarter. United Capital Management of KS Inc. now owns 28,771 shares of the company’s stock valued at $134,000 after purchasing an additional 13,754 shares during the last quarter. Group One Trading LLC grew its holdings in T-Rex 2X Long MSTR Daily Target ETF by 219.1% during the third quarter. Group One Trading LLC now owns 345,993 shares of the company’s stock valued at $1,609,000 after purchasing an additional 237,568 shares during the period. Finally, SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co raised its stake in shares of T-Rex 2X Long MSTR Daily Target ETF by 38.0% in the third quarter. SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co now owns 157,204 shares of the company’s stock valued at $731,000 after buying an additional 43,301 shares during the period.

About T-Rex 2X Long MSTR Daily Target ETF

(Get Free Report)

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.

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