Flow Traders U.S. LLC Buys New Shares in Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU)

Flow Traders U.S. LLC acquired a new position in shares of Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU - Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 51,928 shares of the company's stock, valued at approximately $1,976,000. Flow Traders U.S. LLC owned about 1.87% of Direxion Daily AAPL Bull 2X Shares at the end of the most recent reporting period.

Separately, Hollencrest Capital Management purchased a new position in shares of Direxion Daily AAPL Bull 2X Shares in the 3rd quarter worth approximately $152,000.

Direxion Daily AAPL Bull 2X Shares Trading Up 1.8 %

Shares of AAPU traded up $0.70 on Monday, reaching $39.43. 578,226 shares of the company's stock traded hands, compared to its average volume of 605,445. The stock's 50 day simple moving average is $36.48 and its two-hundred day simple moving average is $34.82. The stock has a market cap of $109.62 million, a PE ratio of 23.89 and a beta of -1.95. Direxion Daily AAPL Bull 2X Shares has a 52-week low of $20.48 and a 52-week high of $40.93.

Direxion Daily AAPL Bull 2X Shares Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Tuesday, September 24th were given a dividend of $0.2818 per share. The ex-dividend date of this dividend was Tuesday, September 24th. This is a positive change from Direxion Daily AAPL Bull 2X Shares's previous quarterly dividend of $0.20. This represents a $1.13 annualized dividend and a dividend yield of 2.86%.

About Direxion Daily AAPL Bull 2X Shares

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.