Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU - Get Free Report) shares reached a new 52-week high on Wednesday . The company traded as high as $72.90 and last traded at $71.76, with a volume of 827162 shares traded. The stock had previously closed at $68.60.
Direxion Daily PLTR Bull 2X Shares Stock Up 1.9%
The business has a fifty day moving average of $53.54 and a two-hundred day moving average of $40.16.
Direxion Daily PLTR Bull 2X Shares Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 1st. Investors of record on Tuesday, June 24th will be issued a $0.3171 dividend. The ex-dividend date is Tuesday, June 24th. This represents a $1.27 dividend on an annualized basis and a dividend yield of 1.82%. This is a boost from Direxion Daily PLTR Bull 2X Shares's previous quarterly dividend of $0.11.
Institutional Investors Weigh In On Direxion Daily PLTR Bull 2X Shares
A number of institutional investors and hedge funds have recently modified their holdings of PLTU. Hollencrest Capital Management acquired a new stake in Direxion Daily PLTR Bull 2X Shares during the 1st quarter valued at $64,000. Jump Financial LLC acquired a new stake in shares of Direxion Daily PLTR Bull 2X Shares during the first quarter valued at $206,000. Jane Street Group LLC acquired a new stake in shares of Direxion Daily PLTR Bull 2X Shares during the first quarter valued at $245,000. Diversify Wealth Management LLC purchased a new stake in Direxion Daily PLTR Bull 2X Shares during the 1st quarter worth about $281,000. Finally, Belvedere Trading LLC acquired a new position in Direxion Daily PLTR Bull 2X Shares in the 1st quarter valued at about $337,000.
About Direxion Daily PLTR Bull 2X Shares
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The Direxion Daily PLTR Bull 2X Shares (PLTU) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Palantir Technologies Stock. PLTU was launched on Dec 11, 2024 and is issued by Direxion.
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