Virtu Financial LLC Acquires 19,519 Shares of Direxion Daily AAPL Bear 1X Shares (NASDAQ:AAPD)

Virtu Financial LLC boosted its stake in shares of Direxion Daily AAPL Bear 1X Shares (NASDAQ:AAPD) by 114.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 36,527 shares of the company’s stock after acquiring an additional 19,519 shares during the quarter. Virtu Financial LLC owned approximately 2.52% of Direxion Daily AAPL Bear 1X Shares worth $557,000 as of its most recent SEC filing.

Separately, PayPay Securities Corp acquired a new position in shares of Direxion Daily AAPL Bear 1X Shares during the fourth quarter worth approximately $64,000.

Direxion Daily AAPL Bear 1X Shares Price Performance

AAPD opened at $16.93 on Wednesday. The company’s 50 day simple moving average is $16.53 and its 200-day simple moving average is $16.45. Direxion Daily AAPL Bear 1X Shares has a one year low of $14.70 and a one year high of $23.72.

Direxion Daily AAPL Bear 1X Shares Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th will be given a $0.1176 dividend. The ex-dividend date of this dividend is Tuesday, March 25th. This represents a $0.47 dividend on an annualized basis and a yield of 2.78%.

Direxion Daily AAPL Bear 1X Shares Profile

The Direxion Daily AAPL Bear 1X Shares ETF (AAPD) is an exchange-traded fund that is based on the Apple Inc index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Apple stock. AAPD was launched on Aug 9, 2022 and is managed by Direxion.