Virtu Financial LLC Makes New Investment in Direxion Daily PLTR Bear 1X Shares $PLTD

Virtu Financial LLC purchased a new position in Direxion Daily PLTR Bear 1X Shares (NASDAQ:PLTD) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 319,570 shares of the company’s stock, valued at approximately $2,106,000. Virtu Financial LLC owned 5.63% of Direxion Daily PLTR Bear 1X Shares at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Canton Hathaway LLC bought a new stake in Direxion Daily PLTR Bear 1X Shares during the fourth quarter worth approximately $51,000. OLD Mission Capital LLC bought a new position in Direxion Daily PLTR Bear 1X Shares during the 4th quarter valued at $77,000. Headlands Technologies LLC acquired a new position in shares of Direxion Daily PLTR Bear 1X Shares during the 2nd quarter valued at $78,000. Flow Traders U.S. LLC acquired a new position in shares of Direxion Daily PLTR Bear 1X Shares during the 2nd quarter valued at $118,000. Finally, Private Advisor Group LLC bought a new stake in shares of Direxion Daily PLTR Bear 1X Shares in the 3rd quarter worth $122,000.

Direxion Daily PLTR Bear 1X Shares Stock Performance

Shares of Direxion Daily PLTR Bear 1X Shares stock opened at $8.16 on Friday. The business has a fifty day simple moving average of $7.78 and a 200-day simple moving average of $7.42. Direxion Daily PLTR Bear 1X Shares has a fifty-two week low of $5.87 and a fifty-two week high of $9.89.

Direxion Daily PLTR Bear 1X Shares Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 24th were given a $0.0572 dividend. This represents a $0.23 annualized dividend and a yield of 2.8%. This is a boost from Direxion Daily PLTR Bear 1X Shares’s previous quarterly dividend of $0.05. The ex-dividend date was Tuesday, March 24th.

Direxion Daily PLTR Bear 1X Shares Company Profile

The Direxion Daily PLTR Bear 1X Shares (PLTD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Palantir Technologies Stock. PLTD was launched on Dec 11, 2024 and is issued by Direxion.