Jump Financial LLC Invests $206,000 in Direxion Daily PLTR Bull 2X Shares $PLTU

Key Points

• Jump Financial LLC acquired 7,331 shares of Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU), valued at approximately $206,000, representing about 0.10% ownership in the fund.
• Direxion Daily PLTR Bull 2X Shares recently declared a quarterly dividend of $0.3171 per share, an increase from the previous dividend of $0.11, resulting in an annualized yield of 1.7%.
• The stock has experienced significant price movement with a 12-month low of $16.61 and a high of $114.66, indicating volatility in its market performance.

Jump Financial LLC purchased a new position in shares of Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 7,331 shares of the company's stock, valued at approximately $206,000. Jump Financial LLC owned 0.10% of Direxion Daily PLTR Bull 2X Shares as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Belvedere Trading LLC purchased a new position in Direxion Daily PLTR Bull 2X Shares during the 1st quarter valued at about $337,000. Hollencrest Capital Management acquired a new position in shares of Direxion Daily PLTR Bull 2X Shares in the first quarter valued at approximately $64,000. Diversify Wealth Management LLC acquired a new position in shares of Direxion Daily PLTR Bull 2X Shares in the first quarter valued at approximately $281,000. Finally, Bank of America Corp DE purchased a new stake in Direxion Daily PLTR Bull 2X Shares during the 4th quarter worth approximately $696,000.

Direxion Daily PLTR Bull 2X Shares Price Performance

Direxion Daily PLTR Bull 2X Shares stock traded down $2.99 during mid-day trading on Friday, reaching $73.23. 3,828,412 shares of the company's stock were exchanged, compared to its average volume of 3,469,645. The company has a fifty day moving average of $79.80 and a 200-day moving average of $56.11. Direxion Daily PLTR Bull 2X Shares has a twelve month low of $16.61 and a twelve month high of $114.66.

Direxion Daily PLTR Bull 2X Shares Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Tuesday, June 24th were given a $0.3171 dividend. The ex-dividend date of this dividend was Tuesday, June 24th. This represents a $1.27 dividend on an annualized basis and a yield of 1.7%. This is an increase from Direxion Daily PLTR Bull 2X Shares's previous quarterly dividend of $0.11.

Direxion Daily PLTR Bull 2X Shares Company Profile

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.