TRUE Private Wealth Advisors Sells 1,182 Shares of Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU)

Posted by Amanda Harley on Nov 30th, 2024

TRUE Private Wealth Advisors lessened its holdings in shares of Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU – Free Report) by 2.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 54,926 shares of the company’s stock after selling 1,182 shares during the period. TRUE Private Wealth Advisors owned about 1.98% of Direxion Daily AAPL Bull 2X Shares worth $2,090,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. World Equity Group Inc. bought a new position in Direxion Daily AAPL Bull 2X Shares during the 2nd quarter worth $241,000. Hollencrest Capital Management acquired a new stake in shares of Direxion Daily AAPL Bull 2X Shares during the 3rd quarter worth $152,000. Finally, Flow Traders U.S. LLC bought a new position in shares of Direxion Daily AAPL Bull 2X Shares in the third quarter worth $1,976,000.

Direxion Daily AAPL Bull 2X Shares Stock Up 2.0 %

AAPU stock opened at $38.73 on Friday. The company has a market cap of $107.67 million, a PE ratio of 23.89 and a beta of -1.95. Direxion Daily AAPL Bull 2X Shares has a 52 week low of $20.48 and a 52 week high of $40.93. The business has a 50-day simple moving average of $36.42 and a 200 day simple moving average of $34.62.

Direxion Daily AAPL Bull 2X Shares Increases Dividend

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

About Direxion Daily AAPL Bull 2X Shares

(Free Report)

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.