17,008 Shares in Direxion Daily AAPL Bear 1X Shares (NASDAQ:AAPD) Purchased by Virtu Financial LLC

Virtu Financial LLC bought a new stake in shares of Direxion Daily AAPL Bear 1X Shares (NASDAQ:AAPD) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 17,008 shares of the company’s stock, valued at approximately $280,000.

Other institutional investors have also recently made changes to their positions in the company. Ridgecrest Wealth Partners LLC purchased a new position in shares of Direxion Daily AAPL Bear 1X Shares during the third quarter valued at approximately $540,000. Flow Traders U.S. LLC bought a new stake in Direxion Daily AAPL Bear 1X Shares in the 3rd quarter worth approximately $295,000. Finally, Sterling Investment Advisors Ltd. purchased a new stake in Direxion Daily AAPL Bear 1X Shares during the 3rd quarter valued at $197,000.

Direxion Daily AAPL Bear 1X Shares Stock Performance

AAPD stock opened at $15.23 on Wednesday. Direxion Daily AAPL Bear 1X Shares has a 1 year low of $15.22 and a 1 year high of $23.72. The stock’s fifty day moving average price is $16.47 and its 200-day moving average price is $17.18.

Direxion Daily AAPL Bear 1X Shares Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Tuesday, September 24th were given a $0.1472 dividend. The ex-dividend date of this dividend was Tuesday, September 24th. This represents a $0.59 annualized dividend and a yield of 3.87%.

Direxion Daily AAPL Bear 1X Shares Company Profile

The Direxion Daily AAPL Bear 1X Shares ETF (AAPD) is an exchange-traded fund that is based on the Apple Inc index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Apple stock. AAPD was launched on Aug 9, 2022 and is managed by Direxion.