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

A number of other institutional investors and hedge funds have also bought and sold shares of PLTU. Bank of America Corp DE bought a new stake in shares of Direxion Daily PLTR Bull 2X Shares in the fourth quarter worth approximately $696,000. Belvedere Trading LLC bought a new stake in shares of Direxion Daily PLTR Bull 2X Shares in the first quarter worth approximately $337,000. Diversify Wealth Management LLC bought a new stake in shares of Direxion Daily PLTR Bull 2X Shares in the first quarter worth approximately $281,000. Finally, Hollencrest Capital Management bought a new stake in shares of Direxion Daily PLTR Bull 2X Shares in the first quarter worth approximately $64,000.

Direxion Daily PLTR Bull 2X Shares Stock Performance

Shares of PLTU stock traded up $4.40 during trading hours on Wednesday, reaching $86.44. The company had a trading volume of 2,711,055 shares, compared to its average volume of 3,447,877. The business has a fifty day moving average price of $81.19 and a 200-day moving average price of $56.76. Direxion Daily PLTR Bull 2X Shares has a one year low of $16.61 and a one year 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. Stockholders of record on Tuesday, June 24th were paid a $0.3171 dividend. This is a boost from Direxion Daily PLTR Bull 2X Shares's previous quarterly dividend of $0.11. This represents a $1.27 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Tuesday, June 24th.

About Direxion Daily PLTR Bull 2X Shares

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.