Larson Financial Group LLC Invests $45,000 in Direxion Daily S&P 500 Bull 2X Shares (NYSEARCA:SPUU)

Larson Financial Group LLC bought a new position in shares of Direxion Daily S&P 500 Bull 2X Shares (NYSEARCA:SPUU) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 437 shares of the company’s stock, valued at approximately $45,000.

Separately, Bison Wealth LLC purchased a new position in Direxion Daily S&P 500 Bull 2X Shares during the third quarter valued at approximately $1,733,000.

Direxion Daily S&P 500 Bull 2X Shares Stock Up 2.0 %

Shares of SPUU stock opened at $115.63 on Friday. The firm has a market cap of $142.22 million, a price-to-earnings ratio of 30.57 and a beta of 1.98. The company’s 50 day moving average is $117.87 and its 200 day moving average is $104.75. Direxion Daily S&P 500 Bull 2X Shares has a 52-week low of $77.30 and a 52-week high of $123.88.

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.