SBI Securities Co. Ltd. Makes New $125,000 Investment in Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU)

SBI Securities Co. Ltd. acquired a new position in Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU) in the 4th quarter, Holdings Channel reports. The firm acquired 3,312 shares of the company’s stock, valued at approximately $125,000.

Other institutional investors have also added to or reduced their stakes in the company. Virtu Financial LLC bought a new position in Direxion Daily AAPL Bull 2X Shares in the 3rd quarter worth $1,799,000. Flow Traders U.S. LLC bought a new position in shares of Direxion Daily AAPL Bull 2X Shares in the 3rd quarter worth about $1,976,000. Client First Investment Management LLC bought a new position in shares of Direxion Daily AAPL Bull 2X Shares in the 4th quarter worth about $363,000. Hollencrest Capital Management bought a new position in shares of Direxion Daily AAPL Bull 2X Shares in the 3rd quarter worth about $152,000. Finally, PayPay Securities Corp bought a new position in shares of Direxion Daily AAPL Bull 2X Shares in the 4th quarter worth about $31,000.

Direxion Daily AAPL Bull 2X Shares Price Performance

Shares of Direxion Daily AAPL Bull 2X Shares stock opened at $33.28 on Friday. The company has a 50-day moving average of $33.40 and a 200 day moving average of $35.73. The firm has a market cap of $157.08 million, a price-to-earnings ratio of 39.09 and a beta of -1.95. Direxion Daily AAPL Bull 2X Shares has a 1 year low of $20.48 and a 1 year high of $43.10.

Direxion Daily AAPL Bull 2X Shares Cuts Dividend

The firm also recently declared 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.

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.