AXS 1.5X PYPL Bull Daily ETF
PYPT
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- United States of America
- IPO Date
- Jul 13, 2022
- Similar Companies
- Business
- AXS 1.5X PYPL Bull Daily ETF (PYPT) is an exchange-traded fund that seeks daily investment results, before fees and expenses, corresponding to 1.5 times (150%) the daily performance of the common shares of PayPal Holdings, Inc. (PYPL). The fund, issued by Investment Managers Series Trust II and managed by AXS Investments LLC, achieves its objective through swaps and other derivatives providing leveraged exposure to PYPL stock, along with collateral holdings such as U.S. dollars; it maintains at least 80% of its assets in instruments delivering this 1.5x daily bull exposure under normal market conditions and is classified as a non-diversified regulated investment company. Launched on July 14, 2022, PYPT trades on the NASDAQ exchange and targets sophisticated traders and investors seeking amplified short-term returns tied to PayPal's stock price movements in the financial services and leveraged ETF segments. The ETF operates within the broader U.S. asset management industry, with AXS Investments headquartered in Port Chester, New York, focusing on innovative ETFs and mutual funds that provide access to alternative strategies, growth, income, and single-stock leveraged exposures for retail and institutional investors. Geographically, PYPT serves U.S. markets exclusively as a domestically domiciled and traded product, with no international operations specified beyond standard ETF accessibility through global brokers. Recent developments for PYPT include periodic capital gains distributions, such as a long-term distribution announced in December 2022 adjusted for strike prices in related options trading, alongside ongoing management by AXS principals including Matthew Tuttle and Parker Binion; AXS Investments continues to expand its suite of single-stock leveraged ETFs, maintaining PYPT as part of its Tradr-branded trading tools launched in 2022 with no reported acquisitions, funding rounds, or strategic shifts specific to this fund in the last 1-2 years.