T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU) Stock Price Up 1.9% – Here’s Why

T-Rex 2X Long MSTR Daily Target ETF (BATS:MSTU) shares shot up 1.9% during mid-day trading on Tuesday . The company traded as high as $7.84 and last traded at $7.60. 33,411,043 shares traded hands during mid-day trading, The stock had previously closed at $7.46.

T-Rex 2X Long MSTR Daily Target ETF Price Performance

The business has a 50-day moving average of $7.22 and a 200-day moving average of $9.45.

Institutional Investors Weigh In On T-Rex 2X Long MSTR Daily Target ETF

Several institutional investors have recently made changes to their positions in the company. IMC Chicago LLC raised its holdings in shares of T-Rex 2X Long MSTR Daily Target ETF by 9,502.5% in the fourth quarter. IMC Chicago LLC now owns 317,266 shares of the company’s stock worth $2,411,000 after buying an additional 313,962 shares during the period. MADDEN SECURITIES Corp purchased a new position in T-Rex 2X Long MSTR Daily Target ETF during the 4th quarter valued at $850,000. Hartline Investment Corp bought a new position in T-Rex 2X Long MSTR Daily Target ETF in the 4th quarter valued at $213,000. SBI Securities Co. Ltd. purchased a new stake in T-Rex 2X Long MSTR Daily Target ETF in the fourth quarter worth $1,464,000. Finally, Exencial Wealth Advisors LLC purchased a new stake in T-Rex 2X Long MSTR Daily Target ETF in the fourth quarter worth $449,000.

T-Rex 2X Long MSTR Daily Target ETF Company Profile

The T-Rex 2X Long MSTR Daily Target ETF (MSTU) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide 2x leveraged exposure to the daily price movement of MicroStrategy Inc stock (NYSE: MSTR), less fees and expenses. MSTU was launched on Sep 18, 2024 and is issued by Tuttle Capital Management.