Virtu Financial LLC lowered its holdings in Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU - Free Report) by 62.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 17,796 shares of the company's stock after selling 29,481 shares during the period. Virtu Financial LLC owned approximately 0.38% of Direxion Daily AAPL Bull 2X Shares worth $670,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Flow Traders U.S. LLC bought a new stake in shares of Direxion Daily AAPL Bull 2X Shares in the third quarter valued at approximately $1,976,000. Client First Investment Management LLC acquired a new position in Direxion Daily AAPL Bull 2X Shares in the fourth quarter valued at about $363,000. PayPay Securities Corp bought a new stake in Direxion Daily AAPL Bull 2X Shares during the fourth quarter worth about $31,000. Finally, SBI Securities Co. Ltd. acquired a new stake in Direxion Daily AAPL Bull 2X Shares during the fourth quarter worth about $125,000.
Direxion Daily AAPL Bull 2X Shares Trading Down 5.5 %
AAPU stock traded down $1.58 during mid-day trading on Friday, hitting $27.03. The stock had a trading volume of 524,335 shares, compared to its average volume of 847,780. The firm has a fifty day simple moving average of $31.28 and a 200 day simple moving average of $34.85. Direxion Daily AAPL Bull 2X Shares has a 52 week low of $20.48 and a 52 week high of $43.10. The firm has a market capitalization of $127.58 million, a P/E ratio of 29.92 and a beta of -1.95.
Direxion Daily AAPL Bull 2X Shares Cuts Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th will be paid a $0.243 dividend. This represents a $0.97 annualized dividend and a yield of 3.60%. The ex-dividend date is Tuesday, March 25th.
About Direxion Daily AAPL Bull 2X Shares
(
Free Report)
The Direxion Daily AAPL Bull 1.5X Shares (AAPU) is an exchange-traded fund that is based on the Apple Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Apple stock. AAPU was launched on Aug 9, 2022 and is managed by Direxion.
See Also
Before you consider Direxion Daily AAPL 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 AAPL Bull 2X Shares wasn't on the list.
While Direxion Daily AAPL 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
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
