9,651 Shares in Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU) Acquired by Client First Investment Management LLC

Client First Investment Management LLC acquired a new stake in Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU) during the 4th quarter, HoldingsChannel reports. The firm acquired 9,651 shares of the company’s stock, valued at approximately $363,000. Direxion Daily AAPL Bull 2X Shares makes up 0.2% of Client First Investment Management LLC’s investment portfolio, making the stock its 19th biggest holding.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Hollencrest Capital Management purchased a new stake in shares of Direxion Daily AAPL Bull 2X Shares during the 3rd quarter worth about $152,000. Virtu Financial LLC acquired a new position in Direxion Daily AAPL Bull 2X Shares in the third quarter worth approximately $1,799,000. Finally, Flow Traders U.S. LLC bought a new position in Direxion Daily AAPL Bull 2X Shares during the third quarter valued at approximately $1,976,000.

Direxion Daily AAPL Bull 2X Shares Stock Up 1.4 %

NASDAQ AAPU opened at $31.50 on Friday. The stock has a market capitalization of $81.27 million, a PE ratio of 23.89 and a beta of -1.95. Direxion Daily AAPL Bull 2X Shares has a 12-month low of $20.48 and a 12-month high of $43.10. The company has a 50 day moving average price of $37.20 and a two-hundred day moving average price of $36.46.

Direxion Daily AAPL Bull 2X Shares Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a $0.2953 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.