Bank of America Corp DE Invests $696,000 in Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU)

Bank of America Corp DE bought a new position in Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 25,000 shares of the company’s stock, valued at approximately $696,000. Bank of America Corp DE owned 1.32% of Direxion Daily PLTR Bull 2X Shares at the end of the most recent reporting period.

Separately, Optiver Holding B.V. bought a new stake in shares of Direxion Daily PLTR Bull 2X Shares in the 4th quarter worth approximately $835,000.

Direxion Daily PLTR Bull 2X Shares Stock Performance

PLTU opened at $59.05 on Tuesday. Direxion Daily PLTR Bull 2X Shares has a 12 month low of $16.61 and a 12 month high of $69.40. The firm has a 50 day simple moving average of $44.74.

Direxion Daily PLTR Bull 2X Shares Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were given a $0.1123 dividend. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $0.45 annualized dividend and a dividend yield of 0.76%.

About Direxion Daily PLTR Bull 2X Shares

The Direxion Daily PLTR Bull 2X Shares (PLTU) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Palantir Technologies Stock. PLTU was launched on Dec 11, 2024 and is issued by Direxion.