18,346 Shares in Direxion Daily AAPL Bear 1X Shares (NASDAQ:AAPD) Acquired by Virtu Financial LLC

Posted by Chris Copeland on Aug 3rd, 2024

Virtu Financial LLC purchased a new position in shares of Direxion Daily AAPL Bear 1X Shares (NASDAQ:AAPD – Free Report) during the first quarter, Holdings Channel reports. The firm purchased 18,346 shares of the company’s stock, valued at approximately $416,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Game Plan Financial Advisors LLC purchased a new position in shares of Direxion Daily AAPL Bear 1X Shares in the 1st quarter valued at approximately $45,000. Sugar Maple Asset Management LLC purchased a new position in shares of Direxion Daily AAPL Bear 1X Shares in the 1st quarter valued at approximately $317,000. Ridgecrest Wealth Partners LLC purchased a new position in shares of Direxion Daily AAPL Bear 1X Shares in the 1st quarter valued at approximately $403,000. IMC Chicago LLC purchased a new position in shares of Direxion Daily AAPL Bear 1X Shares in the 1st quarter valued at approximately $494,000. Finally, Gainplan LLC acquired a new stake in shares of Direxion Daily AAPL Bear 1X Shares in the 1st quarter valued at approximately $685,000.

Direxion Daily AAPL Bear 1X Shares Price Performance

AAPD opened at $17.53 on Friday. The business has a 50 day simple moving average of $18.14 and a 200-day simple moving average of $20.52. Direxion Daily AAPL Bear 1X Shares has a 12 month low of $16.21 and a 12 month high of $23.72.

Direxion Daily AAPL Bear 1X Shares Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 2nd. Stockholders of record on Tuesday, June 25th were issued a $0.2117 dividend. The ex-dividend date of this dividend was Tuesday, June 25th. This represents a $0.85 annualized dividend and a dividend yield of 4.83%.

About Direxion Daily AAPL Bear 1X Shares

(Free Report)

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.