IMC Chicago LLC Cuts Stake in Direxion Daily AAPL Bull 2X Shares $AAPU

Key Points

• IMC Chicago LLC cut its stake in Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU) by 46.3% in Q4, selling 33,464 shares and ending the period with 38,810 shares worth about $1.303 million (≈0.59% ownership).
• Other trading firms including Flow Traders, Safeguard, Parallel Advisors, Group One Trading and Optiver either initiated or increased positions in AAPU in Q3, showing mixed institutional buying activity around the ETF.
• AAPU opened at $33.74, has a one‑year range of $19.84–$40.70, a market cap of $203.45 million, 50/200‑day moving averages of $29.77/$32.33, and recently paid a quarterly dividend of $0.1727 (annualized $0.69, ~2.0% yield).

IMC Chicago LLC decreased its holdings in Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU - Free Report) by 46.3% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 38,810 shares of the company's stock after selling 33,464 shares during the period. IMC Chicago LLC owned approximately 0.59% of Direxion Daily AAPL Bull 2X Shares worth $1,303,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Flow Traders U.S. LLC purchased a new position in Direxion Daily AAPL Bull 2X Shares in the third quarter valued at approximately $810,000. Safeguard Investment Advisory Group LLC purchased a new position in Direxion Daily AAPL Bull 2X Shares in the third quarter valued at approximately $219,000. Parallel Advisors LLC raised its holdings in Direxion Daily AAPL Bull 2X Shares by 107.3% in the third quarter. Parallel Advisors LLC now owns 5,080 shares of the company's stock valued at $164,000 after buying an additional 2,630 shares during the period. Group One Trading LLC raised its holdings in Direxion Daily AAPL Bull 2X Shares by 73.5% in the third quarter. Group One Trading LLC now owns 14,985 shares of the company's stock valued at $484,000 after buying an additional 6,348 shares during the period. Finally, Optiver Holding B.V. purchased a new position in Direxion Daily AAPL Bull 2X Shares in the third quarter valued at approximately $303,000.

Direxion Daily AAPL Bull 2X Shares Stock Performance

NASDAQ AAPU opened at $33.74 on Monday. Direxion Daily AAPL Bull 2X Shares has a one year low of $19.84 and a one year high of $40.70. The company's 50 day moving average price is $29.77 and its 200 day moving average price is $32.33. The firm has a market capitalization of $203.45 million, a price-to-earnings ratio of 25.83 and a beta of 1.63.

Direxion Daily AAPL Bull 2X Shares Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 24th were issued a $0.1727 dividend. The ex-dividend date was Tuesday, March 24th. This represents a $0.69 annualized dividend and a yield of 2.0%.

About Direxion Daily AAPL Bull 2X Shares

The Direxion Daily AAPL Bull 1.5X Shares (AAPU) is an exchange-traded fund that is based on the Apple Inc index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Apple stock. AAPU was launched on Aug 9, 2022 and is managed by Direxion.

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