PayPay Securities Corp Makes New Investment in Direxion Daily AAPL Bear 1X Shares (NASDAQ:AAPD)

PayPay Securities Corp acquired a new stake in Direxion Daily AAPL Bear 1X Shares (NASDAQ:AAPD) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 4,183 shares of the company’s stock, valued at approximately $64,000. Direxion Daily AAPL Bear 1X Shares accounts for 2.8% of PayPay Securities Corp’s holdings, making the stock its 8th biggest holding.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Sterling Investment Advisors Ltd. purchased a new position in Direxion Daily AAPL Bear 1X Shares in the third quarter valued at $197,000. Virtu Financial LLC purchased a new stake in Direxion Daily AAPL Bear 1X Shares during the 3rd quarter worth about $280,000. Flow Traders U.S. LLC acquired a new position in shares of Direxion Daily AAPL Bear 1X Shares during the 3rd quarter worth about $295,000. Finally, Ridgecrest Wealth Partners LLC purchased a new position in shares of Direxion Daily AAPL Bear 1X Shares in the 3rd quarter valued at about $540,000.

Direxion Daily AAPL Bear 1X Shares Stock Performance

AAPD stock opened at $15.79 on Friday. The business has a 50 day moving average price of $15.94 and a 200 day moving average price of $16.63. Direxion Daily AAPL Bear 1X Shares has a fifty-two week low of $14.70 and a fifty-two week high of $23.72.

Direxion Daily AAPL Bear 1X Shares Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were given a dividend of $0.1606 per share. The ex-dividend date was Monday, December 23rd.

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.