Direxion Daily META Bull 2X Shares logo

Direxion Daily META Bull 2X Shares (METU)

Market Closed
16 Jul, 19:38
XMEX XMEX
MX$
478. 95
-18.05
-3.6318%
MX$
- Market Cap
- Div Yield
4,013 Volume
MX$ 497
Previous Close
Add Transaction
Day Range
478.95 499
Year Range
338.28 674.75
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Summary

METU closed Thursday lower at MX$478.95, a decrease of -3.6318% from Wednesday's close, completing a monthly increase of 18.552% or MX$74.95. Over the past 12 months, METU stock lost -14.9727%.
METU pays dividends to its shareholders, with the most recent payment made on Jun 30, 2026. The next estimated payment will be in In 2 months on Sep 30, 2026 for a total of MX$0.14321.
The stock of the company had never split.
The company's stock is traded on 2 different exchanges and in various currencies, with the primary listing on NASDAQ (NMS) (USD).

METU Chart

METU Can Be A Tactical Tool To Boost Gains On META

METU Can Be A Tactical Tool To Boost Gains On META

METU offers 2x daily leverage on Meta, best suited for active traders seeking short-term gains around major catalysts like earnings or product launches. Meta's strong earnings, robust AI investment, and consumer innovation support a bullish outlook on the underlying stock's fundamentals and growth potential. Leveraged ETFs like METU carry unique risks: volatility and loss recoupment can erode returns, especially if held longer than a day or during choppy markets.

Seekingalpha | 11 months ago
METU Does What It Says On The Tin, 200% META Stock

METU Does What It Says On The Tin, 200% META Stock

Meta Platforms has significantly outperformed the broader market, attracting investors interested in leveraged exposure through funds like Direxion Daily META Bull 2X Shares. Leveraged ETFs like METU reset daily, aiming for 200% of META's performance, but are risky and unsuitable for long-term holding due to potential significant losses. METU's performance can be extremely volatile, with outsized moves in both directions, making it inappropriate for investors who do not actively manage their portfolios.

Seekingalpha | 1 year ago

Direxion Daily META Bull 2X Shares (METU) FAQ

What is the stock price today?

The current price is MX$478.95.

On which exchange is it traded?

Direxion Daily META Bull 2X Shares is listed on XMEX.

What is its stock symbol?

The ticker symbol is METU.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, no market cap data is available.

Has Direxion Daily META Bull 2X Shares ever had a stock split?

No, there has never been a stock split.

Direxion Daily META Bull 2X Shares Profile

XMEX Exchange
US Country

Overview

The described entity is a specialized investment fund that primarily focuses on leveraging investments in META, indicating a targeted approach towards a singular entity or sector. This fund operates by allocating at least 80% of its net assets (in addition to any borrowed funds for investment purposes) towards securities of META and related financial instruments. These instruments, such as swap agreements and options, are carefully selected to provide double the daily leveraged exposure to META, aligning with the fund's investment objective. The mention of 'normal circumstances' suggests a strategic flexibility to divert from this allocation under extraordinary market conditions or opportunities. Being non-diversified, this fund concentrates its investments rather than spreading them across multiple assets, embodying a higher risk and potentially higher reward investment strategy focused on the performance of META.

Products and Services

The fund offers the following primary product:

  • 2X Daily Leveraged Exposure to META: This product is designed to provide investors with leveraged exposure to META, aiming to double the daily performance of the underlying assets. The leverage is achieved through the use of financial derivatives, such as swap agreements and options. This product is suitable for experienced investors who understand the risks associated with leveraged investments and are looking to potentially capitalize on the movements of META's securities. It’s important to note that while this product can amplify gains, it also increases the risk of losses, especially in volatile markets.

Additionally, the fund engages in investment strategies like:

  • Strategic Borrowing for Investment Purposes: As part of its strategy, the fund may borrow additional funds to enhance its investment capacity. This leverages its position further in the market, aiming to increase the return on investment for its shareholders. However, this approach also involves an increased level of risk, as borrowed funds must be repaid regardless of investment performance.

Contact Information

Address: 1301 Avenue of the Americas, 28th Floor
Phone: 866-476-7523