Flow Traders U.S. LLC Takes Position in Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU)

Flow Traders U.S. LLC bought a new stake in Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 51,928 shares of the company’s stock, valued at approximately $1,976,000. Flow Traders U.S. LLC owned approximately 1.87% of Direxion Daily AAPL Bull 2X Shares at the end of the most recent reporting period.

Separately, Hollencrest Capital Management purchased a new stake in shares of Direxion Daily AAPL Bull 2X Shares in the third quarter worth approximately $152,000.

Direxion Daily AAPL Bull 2X Shares Stock Up 2.0 %

Shares of NASDAQ:AAPU opened at $38.73 on Monday. The stock has a market cap of $107.67 million, a price-to-earnings ratio of 23.89 and a beta of -1.95. The business’s 50 day moving average is $36.42 and its 200 day moving average is $34.73. Direxion Daily AAPL Bull 2X Shares has a 12-month low of $20.48 and a 12-month high of $40.93.

Direxion Daily AAPL Bull 2X Shares Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Tuesday, September 24th were given a $0.2818 dividend. This represents a $1.13 dividend on an annualized basis and a yield of 2.91%. This is an increase from Direxion Daily AAPL Bull 2X Shares’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend was Tuesday, September 24th.

Direxion Daily AAPL Bull 2X Shares Company 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.