61,567 Shares in Direxion Daily AAPL Bull 2X Shares $AAPU Bought by Client First Investment Management LLC

Client First Investment Management LLC purchased a new position in shares of Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU) during the 3rd quarter, HoldingsChannel reports. The firm purchased 61,567 shares of the company’s stock, valued at approximately $1,990,000. Direxion Daily AAPL Bull 2X Shares accounts for 1.0% of Client First Investment Management LLC’s portfolio, making the stock its 15th largest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. PayPay Securities Corp grew its position in shares of Direxion Daily AAPL Bull 2X Shares by 168.5% during the second quarter. PayPay Securities Corp now owns 1,313 shares of the company’s stock worth $29,000 after buying an additional 824 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Direxion Daily AAPL Bull 2X Shares in the second quarter valued at approximately $50,000. Parallel Advisors LLC purchased a new position in Direxion Daily AAPL Bull 2X Shares in the second quarter worth approximately $54,000. Group One Trading LLC purchased a new position in Direxion Daily AAPL Bull 2X Shares in the second quarter worth approximately $189,000. Finally, SBI Securities Co. Ltd. grew its holdings in Direxion Daily AAPL Bull 2X Shares by 132.1% during the 2nd quarter. SBI Securities Co. Ltd. now owns 9,057 shares of the company’s stock worth $199,000 after acquiring an additional 5,154 shares in the last quarter.

Direxion Daily AAPL Bull 2X Shares Trading Up 0.4%

Shares of NASDAQ:AAPU opened at $33.77 on Wednesday. Direxion Daily AAPL Bull 2X Shares has a 52 week low of $15.89 and a 52 week high of $40.72. The company’s 50 day moving average is $35.69 and its two-hundred day moving average is $29.35. The company has a market cap of $206.00 million, a PE ratio of 25.83 and a beta of 1.67.

Direxion Daily AAPL Bull 2X Shares Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Shareholders of record on Wednesday, December 10th were paid a $2.1724 dividend. This is a boost from Direxion Daily AAPL Bull 2X Shares’s previous quarterly dividend of $0.22. This represents a $8.69 dividend on an annualized basis and a yield of 25.7%. The ex-dividend date was Wednesday, December 10th.

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.