Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU) Stock Price Down 0.2% - Time to Sell?

Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU - Get Free Report) traded down 0.2% during mid-day trading on Thursday . The stock traded as low as $25.03 and last traded at $25.29. 196,947 shares traded hands during trading, a decline of 32% from the average session volume of 291,211 shares. The stock had previously closed at $25.34.Direxion Daily BRKB Bull 2X Shares Price PerformanceThe stock has a fifty day moving average price of $24.90 and a 200-day moving average price of $24.88. Direxion Daily BRKB Bull 2X Shares Increases DividendThe business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Tuesday, September 23rd were paid a $0.1543 dividend. This represents a $0.62 annualized dividend and a yield of 2.4%. This is a boost from Direxion Daily BRKB Bull 2X Shares's previous quarterly dividend of $0.15. The ex-dividend date was Tuesday, September 23rd. Institutional Trading of Direxion Daily BRKB Bull 2X SharesAn institutional investor recently bought a new position in Direxion Daily BRKB Bull 2X Shares stock. Optiver Holding B.V. purchased a new stake in Direxion Daily BRKB Bull 2X Shares (NASDAQ:BRKU - Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The firm purchased 5,399 shares of the company's stock, valued at approximately $139,000. Optiver Holding B.V. owned approximately 0.16% of Direxion Daily BRKB Bull 2X Shares as of its most recent filing with the SEC. About Direxion Daily BRKB Bull 2X Shares (Get Free Report)The Direxion Daily BRKB Bull 2X Shares (BRKU) is an exchange-traded fund that mostly invests in industrials equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Berkshire Hathaway Stock. BRKU was launched on Dec 11, 2024 and is issued by Direxion.Recommended StoriesFive stocks we like better than Direxion Daily BRKB Bull 2X SharesWhat is a Special Dividend?Broadcom Stock Crashes 20%—But Wall Street Sees It Soaring to $500Investing in Commodities: What Are They? How to Invest in ThemForget the Chips: 4 Industrial Plays for the AI ReboundHow to trade using analyst ratingsMongoDB Could Hit Record Highs—But You’ll Need to Move FastThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Direxion Daily BRKB Bull 2X Shares Right Now?Before you consider Direxion Daily BRKB Bull 2X Shares, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Direxion Daily BRKB Bull 2X Shares wasn't on the list.While Direxion Daily BRKB Bull 2X Shares currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here