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NASDAQ:AAPD

Direxion Daily AAPL Bear 1X Shares (AAPD) Price, Holdings, & News

$20.47
-0.35 (-1.68%)
(As of 05/24/2024 04:15 PM ET)
Today's Range
$20.41
$20.69
50-Day Range
$20.20
$23.61
52-Week Range
$19.65
$23.72
Volume
97,100 shs
Average Volume
251,452 shs
Market Capitalization
$32.75 million
Assets Under Management
$20.99 million
Dividend Yield
4.25%
Net Expense Ratio
0.97%

About Direxion Daily AAPL Bear 1X Shares

The Direxion Daily AAPL Bear 1X Shares ETF (AAPD) is an exchange-traded fund that is based on the Apple Inc. index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Apple stock. AAPD was launched on Aug 9, 2022 and is managed by Direxion.

AAPD Stock Price History

AAPD ETF News Headlines

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Fund Details

Issuer
Direxion
Fund Name
Direxion Daily AAPL Bear 1X Shares
Tax Classification
Regulated Investment Company
Current Symbol
NASDAQ:AAPD
Inception Date
8/9/2022
Fund Manager
Paul Brigandi, Tony Ng
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Equity
Benchmark
N/A
Category
Strategy
Focus
Single Stock
Development Level
Developed Markets
Region
North America
Number of Holdings
7

Fund Statistics

Assets Under Management
$20.99 million
Average Daily Volume
$0.00
Discount/Premium
-0.01%
Leveraged
-1.00

Administrator, Advisor and Custodian

Administrator
U.S. Bancorp Fund Services, LLC
Advisor
Rafferty Asset Management, LLC
Custodian
The Bank of New York Mellon Corporation
Distributor
Foreside Fund Services, LLC
Transfer Agent
The Bank of New York Mellon Corporation
Trustee
N/A
Lead Market Maker
Susquehanna

Miscellaneous

Beta
1.30
Creation Unit
25,000
Creation Fee
$250.00
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Direxion Daily AAPL Bear 1X Shares Expenses

TypeAAPDSingle Stock ETFsEquity ETFsNASDAQ ETFsAll ETFs
Management Fee0.75%1.00%0.54%0.48%0.51%
Other Expenses0.24%0.30%0.54%0.34%0.58%
Total Expense0.99%1.11%0.70%0.58%0.70%
Fee Waiver-0.02%-0.12%-0.55%-0.22%-0.56%
Net Expense0.97%1.05%0.60%0.54%0.58%

Direxion Daily AAPL Bear 1X Shares (AAPD) Holdings

Top 7 AAPD Holdings

  • DREYFUS GOVT CASH MAN INS
    Holding Weight: 77.79%
  • GOLDMAN FINL SQ TRSRY INST 506
    Holding Weight: 15.26%
  • DREYFUS TRSRY SECURITIES CASH MGMT
    Holding Weight: 7.14%
  • APPLE INC SWAP
    Holding Weight: -23.41%
  • APPLE INC Swap
    Holding Weight: -23.59%
  • APPLE INC SWAP
    Holding Weight: -24.17%
  • APPLE INC SWAP
    Holding Weight: -28.83%

AAPD ETF - Frequently Asked Questions

How have AAPD shares performed in 2024?

Direxion Daily AAPL Bear 1X Shares' stock was trading at $20.19 at the beginning of 2024. Since then, AAPD shares have increased by 1.4% and is now trading at $20.47.
View the best growth stocks for 2024 here
.

How often does Direxion Daily AAPL Bear 1X Shares pay dividends? What is the dividend yield for Direxion Daily AAPL Bear 1X Shares?

Direxion Daily AAPL Bear 1X Shares announced a quarterly dividend on Monday, March 18th. Investors of record on Wednesday, March 20th will be given a dividend of $0.1755 per share on Tuesday, March 26th. This represents a $0.70 dividend on an annualized basis and a yield of 3.43%. The ex-dividend date of this dividend is Tuesday, March 19th.
Read our dividend analysis for AAPD
.

What does AAPD invest in?

Direxion Daily AAPL Bear 1X Shares is a equity fund issued by Direxion. AAPD focuses on single stock investments. The fund's investments total to approximately $20.99 million assets under management.

What is the management fee for Direxion Daily AAPL Bear 1X Shares?

Direxion Daily AAPL Bear 1X Shares' management fee is 0.75% and has other expenses of 0.24%. However, AAPD has a fee waiver of -0.02% to reimburse the expenses. The net expense ratio for AAPD is 0.97%.

Who are Direxion Daily AAPL Bear 1X Shares' major shareholders?

Direxion Daily AAPL Bear 1X Shares' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Gainplan LLC (1.99%), Wakefield Asset Management LLLP (1.98%), IMC Chicago LLC (1.45%), Virtu Financial LLC (1.15%), Ridgecrest Wealth Partners LLC (1.19%) and Sugar Maple Asset Management LLC (0.88%).

How do I buy shares of Direxion Daily AAPL Bear 1X Shares?

Shares of AAPD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:AAPD) was last updated on 5/27/2024 by MarketBeat.com Staff

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