Client First Investment Management LLC Makes New $363,000 Investment in Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU)

Posted by Donna Armstrong on Jan 19th, 2025

Client First Investment Management LLC purchased a new stake in shares of Direxion Daily AAPL Bull 2X Shares (NASDAQ:AAPU – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 9,651 shares of the company’s stock, valued at approximately $363,000. Direxion Daily AAPL Bull 2X Shares comprises approximately 0.2% of Client First Investment Management LLC’s holdings, making the stock its 19th largest holding. Client First Investment Management LLC owned 0.38% of Direxion Daily AAPL Bull 2X Shares as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in AAPU. Hollencrest Capital Management acquired a new position in shares of Direxion Daily AAPL Bull 2X Shares during the 3rd quarter valued at $152,000. Virtu Financial LLC bought a new stake in Direxion Daily AAPL Bull 2X Shares in the third quarter worth about $1,799,000. Finally, Flow Traders U.S. LLC acquired a new stake in Direxion Daily AAPL Bull 2X Shares in the 3rd quarter valued at about $1,976,000.

Direxion Daily AAPL Bull 2X Shares Price Performance

Shares of AAPU opened at $31.50 on Friday. The firm’s 50 day moving average is $37.20 and its 200-day moving average is $36.46. Direxion Daily AAPL Bull 2X Shares has a 12-month low of $20.48 and a 12-month high of $43.10. The stock has a market capitalization of $81.27 million, a P/E ratio of 23.89 and a beta of -1.95.

Direxion Daily AAPL Bull 2X Shares Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given a $0.2953 dividend. The ex-dividend date was Monday, December 23rd.

About Direxion Daily AAPL Bull 2X Shares

(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.