Hamilton Wealth LLC Makes New $259,000 Investment in Direxion Daily AAPL Bear 1X Shares (NASDAQ:AAPD)

Hamilton Wealth LLC bought a new position in shares of Direxion Daily AAPL Bear 1X Shares (NASDAQ:AAPD) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 11,440 shares of the company’s stock, valued at approximately $259,000. Hamilton Wealth LLC owned 0.72% of Direxion Daily AAPL Bear 1X Shares as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Wakefield Asset Management LLLP acquired a new position in Direxion Daily AAPL Bear 1X Shares in the fourth quarter valued at approximately $739,000. Game Plan Financial Advisors LLC bought a new position in Direxion Daily AAPL Bear 1X Shares in the 1st quarter worth about $45,000. IMC Chicago LLC acquired a new stake in Direxion Daily AAPL Bear 1X Shares in the 1st quarter valued at approximately $494,000. Ridgecrest Wealth Partners LLC bought a new stake in shares of Direxion Daily AAPL Bear 1X Shares during the first quarter valued at about $403,000. Finally, Gainplan LLC acquired a new stake in Direxion Daily AAPL Bear 1X Shares in the first quarter worth about $685,000.

Direxion Daily AAPL Bear 1X Shares Stock Performance

AAPD traded down $0.10 on Friday, reaching $17.53. The company had a trading volume of 1,049,336 shares, compared to its average volume of 287,755. The company has a fifty day moving average of $18.14 and a 200-day moving average of $20.52. Direxion Daily AAPL Bear 1X Shares has a one year low of $16.21 and a one year high of $23.72.

Direxion Daily AAPL Bear 1X Shares Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 2nd. Investors of record on Tuesday, June 25th were paid a dividend of $0.2117 per share. The ex-dividend date of this dividend was Tuesday, June 25th. This represents a $0.85 dividend on an annualized basis and a dividend yield of 4.83%.

About Direxion Daily AAPL Bear 1X Shares

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.