Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU) Shares Sold by Virtu Financial LLC

Virtu Financial LLC cut its holdings in Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU) by 62.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,796 shares of the company’s stock after selling 29,481 shares during the quarter. Virtu Financial LLC owned 0.38% of Direxion Daily AAPL Bull 2X Shares worth $670,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. SBI Securities Co. Ltd. purchased a new stake in shares of Direxion Daily AAPL Bull 2X Shares during the 4th quarter worth $125,000. PayPay Securities Corp purchased a new stake in Direxion Daily AAPL Bull 2X Shares during the fourth quarter worth about $31,000. Client First Investment Management LLC acquired a new position in Direxion Daily AAPL Bull 2X Shares during the fourth quarter worth about $363,000. Finally, Flow Traders U.S. LLC purchased a new position in Direxion Daily AAPL Bull 2X Shares in the third quarter valued at about $1,976,000.

Direxion Daily AAPL Bull 2X Shares Price Performance

Shares of NASDAQ:AAPU opened at $28.00 on Tuesday. The firm has a market capitalization of $132.16 million, a price-to-earnings ratio of 29.92 and a beta of -1.95. The business’s 50 day simple moving average is $31.53 and its 200-day simple moving average is $34.99. Direxion Daily AAPL Bull 2X Shares has a 12 month low of $20.48 and a 12 month high of $43.10.

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.