Simplex Trading LLC Makes New $1.10 Million Investment in Direxion Daily AAPL Bull 2X ETF $AAPU

Simplex Trading LLC acquired a new position in shares of Direxion Daily AAPL Bull 2X ETF (NASDAQ:AAPU) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 24,992 shares of the company’s stock, valued at approximately $1,105,000. Simplex Trading LLC owned 0.85% of Direxion Daily AAPL Bull 2X ETF at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. StoneX Group Inc. acquired a new position in shares of Direxion Daily AAPL Bull 2X ETF in the 3rd quarter valued at $999,000. Safeguard Investment Advisory Group LLC purchased a new position in Direxion Daily AAPL Bull 2X ETF in the 2nd quarter worth $237,000. Finally, SBI Securities Co. Ltd. raised its stake in Direxion Daily AAPL Bull 2X ETF by 9.4% in the 3rd quarter. SBI Securities Co. Ltd. now owns 3,176 shares of the company’s stock worth $140,000 after acquiring an additional 272 shares during the last quarter.

Direxion Daily AAPL Bull 2X ETF Stock Performance

Shares of AAPU opened at $48.23 on Tuesday. The stock has a 50-day moving average of $45.18 and a two-hundred day moving average of $37.73. Direxion Daily AAPL Bull 2X ETF has a one year low of $26.20 and a one year high of $49.62. The stock has a market cap of $129.26 million, a P/E ratio of 25.83 and a beta of 1.79.

Direxion Daily AAPL Bull 2X ETF 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.