Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU) Stock Position Increased by JPMorgan Chase & Co.

Posted by Defense World Staff on May 2nd, 2025

JPMorgan Chase & Co. grew its position in Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU – Free Report) by 70.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,091 shares of the company’s stock after purchasing an additional 4,166 shares during the period. JPMorgan Chase & Co. owned approximately 0.21% of Direxion Daily AAPL Bull 2X Shares worth $380,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Virtu Financial LLC acquired a new position in shares of Direxion Daily AAPL Bull 2X Shares during the third quarter worth approximately $1,799,000. Client First Investment Management LLC acquired a new position in Direxion Daily AAPL Bull 2X Shares during the 4th quarter worth $363,000. PayPay Securities Corp bought a new position in shares of Direxion Daily AAPL Bull 2X Shares in the fourth quarter worth $31,000. Finally, SBI Securities Co. Ltd. acquired a new position in shares of Direxion Daily AAPL Bull 2X Shares during the fourth quarter valued at $125,000.

Direxion Daily AAPL Bull 2X Shares Stock Up 0.4 %

AAPU stock opened at $24.39 on Friday. The company has a 50-day simple moving average of $25.78 and a 200 day simple moving average of $32.37. The company has a market capitalization of $90.24 million, a P/E ratio of 27.87 and a beta of -1.95. Direxion Daily AAPL Bull 2X Shares has a fifty-two week low of $15.89 and a fifty-two week high of $43.10.

Direxion Daily AAPL Bull 2X Shares Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were paid a $0.243 dividend. This represents a $0.97 dividend on an annualized basis and a dividend yield of 3.99%. The ex-dividend date was Tuesday, March 25th.

Direxion Daily AAPL Bull 2X Shares Company Profile

(Free Report)

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.