Free Trial

Bank of America Corp DE Makes New $696,000 Investment in Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU)

Bank of America Corp DE Makes New $696,000 Investment in Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU)

Bank of America Corp DE acquired a new stake in shares of Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 25,000 shares of the company's stock, valued at approximately $696,000. Bank of America Corp DE owned about 1.32% of Direxion Daily PLTR Bull 2X Shares as of its most recent SEC filing.

Separately, Optiver Holding B.V. bought a new stake in shares of Direxion Daily PLTR Bull 2X Shares during the fourth quarter valued at approximately $835,000.

Direxion Daily PLTR Bull 2X Shares Price Performance

NASDAQ:PLTU traded up $1.89 during mid-day trading on Friday, reaching $63.73. The company's stock had a trading volume of 4,442,452 shares, compared to its average volume of 3,595,791. The business's fifty day simple moving average is $46.99. Direxion Daily PLTR Bull 2X Shares has a 1 year low of $16.61 and a 1 year high of $69.40.

Direxion Daily PLTR Bull 2X Shares Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were issued a dividend of $0.1123 per share. The ex-dividend date was Tuesday, March 25th. This represents a $0.45 dividend on an annualized basis and a yield of 0.70%.

Direxion Daily PLTR Bull 2X Shares Profile

(Free Report)

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.

Featured Stories

Should You Invest $1,000 in Direxion Daily PLTR Bull 2X Shares Right Now?

Before you consider Direxion Daily PLTR 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 PLTR Bull 2X Shares wasn't on the list.

While Direxion Daily PLTR 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

20 High-Yield Dividend Stocks that Could Ruin Your Retirement Cover

Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Oil Spikes Amid Rising Warfare: 3 Stocks to Watch Now
Palantir at All-Time Highs: Take Profits or Hold the Line?
3 Tech Stocks Insiders Are Buying: Speculative Plays for June

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines