Profile
Assets class:
EquityAssets under management:
$22 MAverage volume:
$371 KDomicile:
USExpense ratio:
1.06%Inception date:
10 August 2022Website:
-Last dividends:
24 September 2024Next dividends:
N/ATop countries
Dividend yield TTM
AAPD Latest News
Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods.
Apple's stock has been soaring the past year with a gain of over 30%, but some analysts might be unleashing the bears on its stock in 2024. With that, traders can take advantage of single-stock ETFs to capitalize on any short-term weakness Apple's stock may exhibit.
Up about 60% for the year and a shade over 3% within the past month, Apple's stock is continuing its upward momentum. That's despite recently being ordered to halt sales of the latest versions of its Apple Watch thanks to losing a patent dispute.
Big tech has obviously been a major mover for the stock market in 2023. With third quarter earnings forthcoming, there should be plenty of opportunities for broad-based ETF as well as single-stock ETF plays.
Big tech is often cited as the primary catalyst in 2023's stock market rally. Yet at some point, the laws of market gravity will set in, and what comes up must eventually come down.
Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods.
The ETF industry has seen rapid progress since their inception. One of the latest changes in this space has been the advent of single-stock ETFs.
The ETF industry has seen rapid progress since their inception. One of the latest changes in this space has been the advent of single-stock ETFs.
Apple's stock had been climbing in 2023 until August hit. This has given bearish traders an opportunity to profit from the recent decline.
The advent of single-stock ETFs have become quite popular in the past one year.
What is AAPD ETF?
The fund, under normal circumstances, invests at least 80% of the fund’s net assets (plus borrowings for investment purposes) in financial instruments, including swap agreements and options, that, in combination, provide 1X daily inverse (opposite) or short exposure to AAPL, consistent with the fund’s investment objective. It is non-diversified.
What is AAPD assets class?
Assets class of AAPD ETF is 'Equity'
What is AAPD assets under management?
Assets under management of AAPD ETF is $22 M
What is AAPD average volume?
Average volume of AAPD ETF is $371 K
What is AAPD domicile?
Domicile of AAPD ETF is US
What is AAPD expense ratio?
Expense ratio of AAPD ETF is 1.06%
What is AAPD inception date?
Inception date of AAPD ETF is 10 August 2022
What is AAPD website?
Website of AAPD ETF is null