Genesis Financial Group LLC Buys Shares of 114,850 Direxion Daily AAPL Bear 1X Shares $AAPD

Genesis Financial Group LLC purchased a new position in Direxion Daily AAPL Bear 1X Shares (NASDAQ:AAPD) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 114,850 shares of the company’s stock, valued at approximately $1,603,000. Direxion Daily AAPL Bear 1X Shares comprises about 1.0% of Genesis Financial Group LLC’s holdings, making the stock its 28th largest holding. Genesis Financial Group LLC owned approximately 10.44% of Direxion Daily AAPL Bear 1X Shares as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in AAPD. PayPay Securities Corp raised its stake in shares of Direxion Daily AAPL Bear 1X Shares by 27.6% in the 4th quarter. PayPay Securities Corp now owns 3,678 shares of the company’s stock valued at $48,000 after acquiring an additional 796 shares in the last quarter. Jane Street Group LLC bought a new stake in Direxion Daily AAPL Bear 1X Shares during the second quarter worth approximately $201,000. Jump Financial LLC acquired a new position in Direxion Daily AAPL Bear 1X Shares during the fourth quarter valued at approximately $202,000. Tower Research Capital LLC TRC acquired a new position in Direxion Daily AAPL Bear 1X Shares during the second quarter valued at approximately $349,000. Finally, Susquehanna International Group LLP raised its position in shares of Direxion Daily AAPL Bear 1X Shares by 66.9% in the third quarter. Susquehanna International Group LLP now owns 86,191 shares of the company’s stock valued at $1,207,000 after purchasing an additional 34,561 shares during the period.

Direxion Daily AAPL Bear 1X Shares Stock Performance

Shares of Direxion Daily AAPL Bear 1X Shares stock opened at $10.33 on Thursday. The firm has a fifty day simple moving average of $11.43 and a 200-day simple moving average of $12.72. Direxion Daily AAPL Bear 1X Shares has a 1-year low of $10.14 and a 1-year high of $17.91.

Direxion Daily AAPL Bear 1X Shares Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were issued a $0.0793 dividend. This represents a $0.32 annualized dividend and a yield of 3.1%. The ex-dividend date was Tuesday, June 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.