Legacy Investment Solutions LLC Buys 198 Shares of Direxion Daily S&P 500 Bull 2X Shares (NYSEARCA:SPUU)

Posted by Wayne Rhoads on Apr 12th, 2025

Legacy Investment Solutions LLC grew its stake in shares of Direxion Daily S&P 500 Bull 2X Shares (NYSEARCA:SPUU – Free Report) by 97.5% in the fourth quarter, Holdings Channel reports. The fund owned 401 shares of the company’s stock after acquiring an additional 198 shares during the quarter. Legacy Investment Solutions LLC’s holdings in Direxion Daily S&P 500 Bull 2X Shares were worth $62,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of SPUU. ST Germain D J Co. Inc. purchased a new position in Direxion Daily S&P 500 Bull 2X Shares in the fourth quarter valued at approximately $27,000. SBI Securities Co. Ltd. bought a new stake in Direxion Daily S&P 500 Bull 2X Shares in the 4th quarter valued at about $39,000. Fermata Advisors LLC purchased a new stake in Direxion Daily S&P 500 Bull 2X Shares during the fourth quarter valued at about $204,000. Chung Wu Investment Group LLC bought a new position in Direxion Daily S&P 500 Bull 2X Shares during the fourth quarter worth about $265,000. Finally, Bullseye Investment Management LLC purchased a new position in shares of Direxion Daily S&P 500 Bull 2X Shares in the fourth quarter worth about $523,000.

Direxion Daily S&P 500 Bull 2X Shares Stock Up 3.1 %

NYSEARCA SPUU opened at $118.49 on Friday. The firm has a market cap of $104.65 million, a P/E ratio of 23.97 and a beta of 2.04. The company’s 50 day moving average is $138.90 and its 200-day moving average is $146.59. Direxion Daily S&P 500 Bull 2X Shares has a 12-month low of $97.44 and a 12-month high of $160.38.

Direxion Daily S&P 500 Bull 2X Shares Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were issued a dividend of $0.3703 per share. This is a boost from Direxion Daily S&P 500 Bull 2X Shares’s previous dividend of $0.11. The ex-dividend date was Tuesday, March 25th.

About Direxion Daily S&P 500 Bull 2X Shares

(Free Report)

The Direxion Daily S&P 500 Bull 2X Shares (SPUU) is an exchange-traded fund that is based on the S&P 500 index. The fund provides 2x daily leveraged exposure to the S&P 500, a market-cap-weighted index of US large-cap stocks selected by S&Ps index committee. SPUU was launched on May 28, 2014 and is managed by Direxion.