27,300 Shares in Direxion Daily AAPL Bull 2X Shares $AAPU Bought by HighTower Advisors LLC

HighTower Advisors LLC purchased a new position in Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 27,300 shares of the company’s stock, valued at approximately $917,000. HighTower Advisors LLC owned 0.32% of Direxion Daily AAPL Bull 2X Shares as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new stake in Direxion Daily AAPL Bull 2X Shares in the second quarter worth $50,000. Parallel Advisors LLC grew its stake in shares of 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 worth $164,000 after acquiring an additional 2,630 shares during the last quarter. Group One Trading LLC purchased a new stake in shares of Direxion Daily AAPL Bull 2X Shares in the second quarter worth $189,000. Safeguard Investment Advisory Group LLC purchased a new stake in shares of Direxion Daily AAPL Bull 2X Shares in the third quarter worth $219,000. Finally, Optiver Holding B.V. purchased a new stake in shares of Direxion Daily AAPL Bull 2X Shares in the third quarter worth $303,000.

Direxion Daily AAPL Bull 2X Shares Trading Down 2.6%

NASDAQ AAPU opened at $40.23 on Friday. Direxion Daily AAPL Bull 2X Shares has a 12 month low of $20.00 and a 12 month high of $42.85. The stock has a market cap of $242.59 million, a P/E ratio of 25.83 and a beta of 1.73. The stock’s fifty day moving average price is $34.24 and its 200-day moving average price is $33.04.

Direxion Daily AAPL Bull 2X Shares Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 24th were paid a $0.1727 dividend. This represents a $0.69 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Tuesday, March 24th.

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.