SBI Securities Co. Ltd. Makes New $267,000 Investment in Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU)

SBI Securities Co. Ltd. purchased a new position in shares of Direxion Daily MSFT Bull 2X Shares (NASDAQ:MSFU) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 6,759 shares of the company’s stock, valued at approximately $267,000. SBI Securities Co. Ltd. owned approximately 0.20% of Direxion Daily MSFT Bull 2X Shares as of its most recent filing with the SEC.

Separately, PayPay Securities Corp bought a new position in shares of Direxion Daily MSFT Bull 2X Shares during the 4th quarter worth approximately $31,000.

Direxion Daily MSFT Bull 2X Shares Stock Performance

Direxion Daily MSFT Bull 2X Shares stock opened at $34.78 on Thursday. The stock has a market capitalization of $114.77 million, a price-to-earnings ratio of 33.20 and a beta of -2.33. Direxion Daily MSFT Bull 2X Shares has a 52-week low of $31.43 and a 52-week high of $54.39. The stock’s 50 day moving average price is $38.37 and its two-hundred day moving average price is $41.14.

Direxion Daily MSFT Bull 2X Shares Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a dividend of $0.4026 per share. The ex-dividend date of this dividend was Monday, December 23rd.

About Direxion Daily MSFT Bull 2X Shares

The Direxion Daily MSFT Bull 1.5X Shares ETF (MSFU) is an exchange-traded fund that is based on the Microsoft Corporation index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Microsoft stock. MSFU was launched on Sep 7, 2022 and is managed by Direxion.