21,015 Shares in Direxion Daily S&P 500 Bull 2X Shares (NYSEARCA:SPUU) Bought by US Bancorp DE

US Bancorp DE purchased a new position in shares of Direxion Daily S&P 500 Bull 2X Shares (NYSEARCA:SPUU) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 21,015 shares of the company’s stock, valued at approximately $3,111,000. US Bancorp DE owned 1.64% of Direxion Daily S&P 500 Bull 2X Shares at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. ST Germain D J Co. Inc. acquired a new stake in Direxion Daily S&P 500 Bull 2X Shares during the 4th quarter worth $27,000. Legacy Investment Solutions LLC acquired a new stake in shares of Direxion Daily S&P 500 Bull 2X Shares in the 3rd quarter worth $31,000. Fermata Advisors LLC acquired a new stake in shares of Direxion Daily S&P 500 Bull 2X Shares in the 4th quarter worth $204,000. Finally, Virtu Financial LLC acquired a new stake in shares of Direxion Daily S&P 500 Bull 2X Shares in the 3rd quarter worth $6,564,000.

Direxion Daily S&P 500 Bull 2X Shares Stock Performance

SPUU stock opened at $138.80 on Friday. Direxion Daily S&P 500 Bull 2X Shares has a one year low of $109.44 and a one year high of $160.38. The stock has a market capitalization of $156.84 million, a PE ratio of 26.71 and a beta of 2.03. The company has a fifty day moving average of $152.31 and a 200-day moving average of $148.27.

Direxion Daily S&P 500 Bull 2X Shares Company Profile

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.