StoneX Group Inc. Makes New $4.13 Million Investment in Direxion Daily MU Bull 2X ETF $MUU

StoneX Group Inc. acquired a new stake in shares of Direxion Daily MU Bull 2X ETF (NASDAQ:MUU) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 112,129 shares of the company’s stock, valued at approximately $4,129,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Dedeker Financial LLC increased its holdings in Direxion Daily MU Bull 2X ETF by 1,919.7% in the 3rd quarter. Dedeker Financial LLC now owns 111,122 shares of the company’s stock worth $4,092,000 after purchasing an additional 105,620 shares in the last quarter. Hoey Investments Inc. boosted its stake in shares of Direxion Daily MU Bull 2X ETF by 6,280.7% during the third quarter. Hoey Investments Inc. now owns 99,730 shares of the company’s stock valued at $3,672,000 after purchasing an additional 98,167 shares in the last quarter. MGO One Seven LLC boosted its stake in shares of Direxion Daily MU Bull 2X ETF by 1,928.0% during the third quarter. MGO One Seven LLC now owns 82,257 shares of the company’s stock valued at $3,029,000 after purchasing an additional 78,201 shares in the last quarter. Silverleafe Capital Partners LLC acquired a new stake in shares of Direxion Daily MU Bull 2X ETF during the third quarter valued at about $939,000. Finally, Intrua Financial LLC boosted its stake in shares of Direxion Daily MU Bull 2X ETF by 4,560.0% during the third quarter. Intrua Financial LLC now owns 23,300 shares of the company’s stock valued at $858,000 after purchasing an additional 22,800 shares in the last quarter.

Direxion Daily MU Bull 2X ETF Stock Performance

NASDAQ:MUU opened at $13.78 on Friday. The stock’s 50-day moving average is $30.01 and its 200-day moving average is $24.72. Direxion Daily MU Bull 2X ETF has a 1-year low of $2.52 and a 1-year high of $62.64.

Direxion Daily MU Bull 2X ETF Profile

The Direxion Daily MU Bull 2X Shares (MUU) 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 Micron Technology, Inc stock. MUU was launched on Oct 10, 2024 and is issued by Direxion.