Belvedere Trading LLC bought a new position in shares of Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 12,006 shares of the company's stock, valued at approximately $337,000. Belvedere Trading LLC owned about 0.16% of Direxion Daily PLTR Bull 2X Shares as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Optiver Holding B.V. acquired a new position in shares of Direxion Daily PLTR Bull 2X Shares during the 4th quarter valued at about $835,000. Bank of America Corp DE acquired a new position in Direxion Daily PLTR Bull 2X Shares in the fourth quarter valued at about $696,000. Diversify Wealth Management LLC acquired a new position in Direxion Daily PLTR Bull 2X Shares in the first quarter valued at about $281,000. Finally, Hollencrest Capital Management acquired a new position in Direxion Daily PLTR Bull 2X Shares in the first quarter valued at about $64,000.
Direxion Daily PLTR Bull 2X Shares Stock Up 7.3%
NASDAQ PLTU opened at $103.49 on Thursday. The firm's 50-day moving average is $68.35 and its two-hundred day moving average is $49.41. Direxion Daily PLTR Bull 2X Shares has a 12 month low of $16.61 and a 12 month high of $104.50.
Direxion Daily PLTR Bull 2X Shares Increases Dividend
The business also recently announced 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 is an increase 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 yield of 1.2%.
About Direxion Daily PLTR Bull 2X Shares
(
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.
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