Direxion Daily AAPL Bull 2X ETF (NASDAQ:AAPU) Announces $0.19 Quarterly Dividend

Direxion Daily AAPL Bull 2X ETF (NASDAQ:AAPU) declared a quarterly dividend on Monday, September 21st. Investors of record on Tuesday, September 22nd will be paid a dividend of 0.1887 per share on Tuesday, September 29th. This represents a c) annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Tuesday, September 22nd.

Direxion Daily AAPL Bull 2X ETF Stock Down 0.1%

Shares of AAPU stock traded down $0.05 on Tuesday, reaching $46.12. 1,117,685 shares of the stock were exchanged, compared to its average volume of 2,124,344. The stock has a market cap of $186.79 million, a P/E ratio of 25.83 and a beta of 1.75. The firm has a 50 day moving average of $41.95 and a two-hundred day moving average of $36.93. Direxion Daily AAPL Bull 2X ETF has a 1-year low of $26.20 and a 1-year high of $48.89.

Hedge Funds Weigh In On Direxion Daily AAPL Bull 2X ETF

An institutional investor recently bought a new stake in Direxion Daily AAPL Bull 2X ETF stock. Safeguard Investment Advisory Group LLC purchased a new stake in shares of Direxion Daily AAPL Bull 2X ETF (NASDAQ:AAPU) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 6,786 shares of the company’s stock, valued at approximately $237,000. Safeguard Investment Advisory Group LLC owned approximately 0.18% of Direxion Daily AAPL Bull 2X ETF at the end of the most recent quarter.

Direxion Daily AAPL Bull 2X ETF 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.