Direxion Shares ETF Trust Direxion Daily AMZN Bull 2X Shares
AMZU

$32.87

0.63%

Market Cap: $176M

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

500% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 1

100% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 4

82% more call options, than puts

Call options by funds: $1.96M | Put options by funds: $1.08M

71% more capital invested

Capital invested by funds: $4.56M [Q1] → $7.82M (+$3.26M) [Q2]

31% more funds holding

Funds holding: 13 [Q1] → 17 (+4) [Q2]

0.33% less ownership

Funds ownership: 5.95% [Q1] → 5.62% (-0.33%) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for AMZU.

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Financial journalist opinion

eCommerce ETFs Benefit From Rate Cuts & Long-Term Factors

With the Federal Reserve's rate cutting cycle now underway, investors should examine all possible avenues to benefit from this economic momentum. One such route may lie within increasing portfolio exposure to online retail companies.

eCommerce ETFs Benefit From Rate Cuts & Long-Term Factors

With Volatility Inevitable, Stay Ready With These ETFs

Market fluctuations this month are seemingly inevitable, which should pan out well for one options trader who bet $9 million on a September volatility spike. For traders who want to stay ready when trading the S&P 500 and big tech, they can use leveraged/inverse ETFs from Direxion.

With Volatility Inevitable, Stay Ready With These ETFs

Direxion's Ed Egilinsky Talks Small-Caps, Growth & More

Following market uncertainty in August, investors may feel compelled to reassess their portfolio allocations. With potential rate cuts from the Federal Reserve on the horizon, now may be a good time to diversify your portfolio and seek growth strategies.

Direxion's Ed Egilinsky Talks Small-Caps, Growth & More

Positive Retail Data Brings Direxion Amazon-Focused ETFs AMZU And AMZD Into The Spotlight

Amazon.com Inc AMZN represents one of the big winners for Thursday, with AMZN stock seemingly benefiting from robust consumer spending data. Retail sales popped up 1% on a month-over-month basis in July.

Positive Retail Data Brings Direxion Amazon-Focused ETFs AMZU And AMZD Into The Spotlight

Earnings Preview: Magnificent 7 Quarterly Results on Tap

Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods.

Earnings Preview: Magnificent 7 Quarterly Results on Tap

Zacks Investment Research

Single-Stock ETFs Beating the Market on Big "Mag 7" Wave

We have highlighted five single-stock ETFs that have outperformed the market so far this year. The solid trend is likely to continue in the second half as well.

Single-Stock ETFs Beating the Market on Big "Mag 7" Wave

Meta's AI Investments Could See It Prosper Among Magnificent Seven Peers

As 1/7th of the vaunted “Magnificent Seven” that's been leading the way for market returns this year, Meta could continue to prosper with its investments in AI. That would give bullish traders reason to ride the momentum.

Meta's AI Investments Could See It Prosper Among Magnificent Seven Peers

Top Performing Leveraged/Inverse ETFs: 06/23/2024

These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs: 06/23/2024

AMZU: Not The Right Time Unless Risk-Tolerance Is High

The article discusses the Direxion Daily AMZN Bull 2X Shares ETF as a leveraged play on Amazon Inc. The ETF has a relatively low yield and lackluster price performance compared to the underlying stock. My opinion is that investors should tread carefully and consider the risk-reward tradeoff before investing in AMZU, particularly now that AMZN seems to have hit a key resistance level.

AMZU: Not The Right Time Unless Risk-Tolerance Is High

This Week in ETFs: Innovator Adds 3 New ETFs

During the week, a total of 16 new ETFs debuted on the U.S. markets. These included launches from AllianzIM, ProShares, Split Rock Trading, River1 Asset Management, Rayliant, Strategas, and Alger.

This Week in ETFs: Innovator Adds 3 New ETFs

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