Virtu Financial LLC Reduces Holdings in Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU)

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

Other institutional investors and hedge funds also recently modified their holdings of the company. PayPay Securities Corp acquired a new stake in shares of Direxion Daily AAPL Bull 2X Shares during the fourth quarter valued at $31,000. SBI Securities Co. Ltd. acquired a new stake in shares of Direxion Daily AAPL Bull 2X Shares during the 4th quarter worth about $125,000. Client First Investment Management LLC purchased a new stake in shares of 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 shares of Direxion Daily AAPL Bull 2X Shares during the third quarter valued at approximately $1,976,000.

Direxion Daily AAPL Bull 2X Shares Stock Performance

AAPU stock opened at $28.00 on Tuesday. The company has a 50 day moving average price of $31.53 and a two-hundred day moving average price of $34.99. The stock has a market capitalization of $132.16 million, a P/E ratio of 29.92 and a beta of -1.95. Direxion Daily AAPL Bull 2X Shares has a one year low of $20.48 and a one year 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.