Jane Street Group LLC bought a new position in Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 19,649 shares of the company's stock, valued at approximately $740,000. Jane Street Group LLC owned approximately 0.42% of Direxion Daily AAPL Bull 2X Shares at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of the stock. PayPay Securities Corp acquired a new stake in Direxion Daily AAPL Bull 2X Shares during the 4th quarter valued at $31,000. SBI Securities Co. Ltd. bought a new position in Direxion Daily AAPL Bull 2X Shares in the 4th quarter valued at $125,000. JPMorgan Chase & Co. boosted its position in Direxion Daily AAPL Bull 2X Shares by 70.3% in the 4th quarter. JPMorgan Chase & Co. now owns 10,091 shares of the company's stock valued at $380,000 after buying an additional 4,166 shares during the last quarter. TRUE Private Wealth Advisors boosted its position in Direxion Daily AAPL Bull 2X Shares by 9.4% in the 4th quarter. TRUE Private Wealth Advisors now owns 60,109 shares of the company's stock valued at $2,263,000 after buying an additional 5,183 shares during the last quarter. Finally, Renaissance Technologies LLC boosted its position in Direxion Daily AAPL Bull 2X Shares by 75.2% in the 4th quarter. Renaissance Technologies LLC now owns 63,600 shares of the company's stock valued at $2,394,000 after buying an additional 27,300 shares during the last quarter.
Direxion Daily AAPL Bull 2X Shares Stock Performance
AAPU traded up $0.02 during mid-day trading on Wednesday, reaching $21.26. The stock had a trading volume of 2,018,224 shares, compared to its average volume of 1,158,092. The stock has a market capitalization of $74.41 million, a P/E ratio of 25.83 and a beta of -1.95. The firm's fifty day simple moving average is $22.87 and its two-hundred day simple moving average is $30.52. Direxion Daily AAPL Bull 2X Shares has a 52 week low of $15.89 and a 52 week high of $43.10.
Direxion Daily AAPL Bull 2X Shares Cuts Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were given a $0.243 dividend. The ex-dividend date was Tuesday, March 25th. This represents a $0.97 dividend on an annualized basis and a yield of 4.57%.
About Direxion Daily AAPL Bull 2X Shares
(
Free Report)
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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