World Equity Group Inc. Takes Position in Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU)

World Equity Group Inc. bought a new stake in Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 7,390 shares of the company’s stock, valued at approximately $241,000. World Equity Group Inc. owned approximately 0.17% of Direxion Daily AAPL Bull 2X Shares as of its most recent filing with the SEC.

Separately, IMC Chicago LLC raised its stake in shares of Direxion Daily AAPL Bull 2X Shares by 95.4% in the 4th quarter. IMC Chicago LLC now owns 29,240 shares of the company’s stock valued at $801,000 after purchasing an additional 14,277 shares in the last quarter.

Direxion Daily AAPL Bull 2X Shares Stock Performance

Shares of Direxion Daily AAPL Bull 2X Shares stock traded up $0.41 during trading on Friday, reaching $36.69. The company had a trading volume of 332,329 shares, compared to its average volume of 617,807. The company has a market cap of $146.76 million, a price-to-earnings ratio of 23.89 and a beta of -1.95. The firm’s fifty day moving average is $34.87 and its 200-day moving average is $28.07. Direxion Daily AAPL Bull 2X Shares has a fifty-two week low of $20.48 and a fifty-two week high of $40.93.

Direxion Daily AAPL Bull 2X Shares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 2nd. Investors of record on Tuesday, June 25th were given a dividend of $0.1978 per share. This represents a $0.79 dividend on an annualized basis and a dividend yield of 2.16%. The ex-dividend date was Tuesday, June 25th.

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.