Renaissance Technologies LLC Makes New $682,000 Investment in Direxion Daily PLTR Bull 2X Shares $PLTU

Renaissance Technologies LLC purchased a new stake in Direxion Daily PLTR Bull 2X Shares (NASDAQ:PLTU) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 15,324 shares of the company’s stock, valued at approximately $682,000.

Other institutional investors have also modified their holdings of the company. UBS Group AG increased its position in shares of Direxion Daily PLTR Bull 2X Shares by 1.7% during the fourth quarter. UBS Group AG now owns 206,535 shares of the company’s stock worth $15,189,000 after acquiring an additional 3,535 shares during the period. Diversify Wealth Management LLC boosted its holdings in Direxion Daily PLTR Bull 2X Shares by 33.4% in the fourth quarter. Diversify Wealth Management LLC now owns 20,009 shares of the company’s stock valued at $1,475,000 after purchasing an additional 5,009 shares during the period. Virtu Financial LLC purchased a new position in Direxion Daily PLTR Bull 2X Shares in the fourth quarter valued at $1,356,000. Flow Traders U.S. LLC acquired a new position in Direxion Daily PLTR Bull 2X Shares during the 3rd quarter worth $1,733,000. Finally, TRUE Private Wealth Advisors acquired a new position in Direxion Daily PLTR Bull 2X Shares during the 3rd quarter worth $1,164,000.

Direxion Daily PLTR Bull 2X Shares Stock Performance

Shares of NASDAQ PLTU opened at $50.56 on Monday. The stock’s 50-day moving average is $33.20 and its two-hundred day moving average is $39.44. Direxion Daily PLTR Bull 2X Shares has a 1-year low of $21.04 and a 1-year high of $128.04.

Direxion Daily PLTR Bull 2X Shares Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were given a dividend of $0.22 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.7%.

Direxion Daily PLTR Bull 2X Shares Profile

The Direxion Daily PLTR Bull 2X Shares (PLTU) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Palantir Technologies Stock. PLTU was launched on Dec 11, 2024 and is issued by Direxion.