MMA Asset Management LLC acquired a new stake in Direxion Daily S&P 500 Bull 2X Shares (NYSEARCA:SPUU – Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 5,600 shares of the company’s stock, valued at approximately $829,000. MMA Asset Management LLC owned 0.44% of Direxion Daily S&P 500 Bull 2X Shares as of its most recent filing with the SEC.
Several other large investors have also recently added to or reduced their stakes in the stock. ST Germain D J Co. Inc. acquired a new position in Direxion Daily S&P 500 Bull 2X Shares in the 4th quarter valued at approximately $27,000. Legacy Investment Solutions LLC acquired a new position in Direxion Daily S&P 500 Bull 2X Shares in the 3rd quarter valued at approximately $31,000. Fermata Advisors LLC acquired a new position in Direxion Daily S&P 500 Bull 2X Shares in the 4th quarter valued at approximately $204,000. US Bancorp DE acquired a new position in Direxion Daily S&P 500 Bull 2X Shares in the 4th quarter valued at approximately $3,111,000. Finally, Virtu Financial LLC acquired a new position in Direxion Daily S&P 500 Bull 2X Shares in the 3rd quarter valued at approximately $6,564,000.
Direxion Daily S&P 500 Bull 2X Shares Stock Performance
Direxion Daily S&P 500 Bull 2X Shares stock opened at $150.20 on Friday. The firm has a market cap of $169.73 million, a PE ratio of 26.71 and a beta of 2.03. Direxion Daily S&P 500 Bull 2X Shares has a twelve month low of $109.44 and a twelve month high of $160.38. The firm’s 50 day moving average price is $153.32 and its two-hundred day moving average price is $148.10.
About Direxion Daily S&P 500 Bull 2X Shares
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.
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