Optiver Holding B.V. Acquires 59,599 Shares of Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU)

Optiver Holding B.V. raised its position in shares of Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU - Free Report) by 1,336.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 64,060 shares of the company's stock after purchasing an additional 59,599 shares during the quarter. Optiver Holding B.V. owned approximately 1.36% of Direxion Daily AAPL Bull 2X Shares worth $2,411,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. PayPay Securities Corp acquired a new stake in shares of Direxion Daily AAPL Bull 2X Shares during the fourth quarter worth $31,000. SBI Securities Co. Ltd. bought a new position in shares of Direxion Daily AAPL Bull 2X Shares in the 4th quarter worth about $125,000. Client First Investment Management LLC acquired a new position in shares of Direxion Daily AAPL Bull 2X Shares in the 4th quarter valued at about $363,000. JPMorgan Chase & Co. boosted its position in shares of Direxion Daily AAPL Bull 2X Shares by 70.3% during the 4th quarter. JPMorgan Chase & Co. now owns 10,091 shares of the company's stock valued at $380,000 after purchasing an additional 4,166 shares in the last quarter. Finally, Virtu Financial LLC acquired a new stake in Direxion Daily AAPL Bull 2X Shares during the third quarter worth approximately $1,799,000.

Direxion Daily AAPL Bull 2X Shares Stock Down 7.4 %

AAPU traded down $1.80 during trading on Friday, hitting $22.59. The company's stock had a trading volume of 6,517,154 shares, compared to its average volume of 999,916. The firm has a market capitalization of $79.07 million, a P/E ratio of 27.87 and a beta of -1.95. Direxion Daily AAPL Bull 2X Shares has a twelve month low of $15.89 and a twelve month high of $43.10. The stock's fifty day moving average price is $25.52 and its 200-day moving average price is $32.27.

Direxion Daily AAPL Bull 2X Shares Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were paid a dividend of $0.243 per share. This represents a $0.97 annualized dividend and a yield of 4.30%. The ex-dividend date was Tuesday, March 25th.

Direxion Daily AAPL Bull 2X Shares Profile

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.