IMC Chicago LLC Purchases New Stake in Direxion Daily GOOGL Bull 2X Shares $GGLL

IMC Chicago LLC purchased a new stake in shares of Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL) in the 1st quarter, Holdings Channel reports. The fund purchased 5,605 shares of the company’s stock, valued at approximately $437,000.

Several other hedge funds have also added to or reduced their stakes in the business. TRUE Private Wealth Advisors boosted its position in Direxion Daily GOOGL Bull 2X Shares by 1.0% during the third quarter. TRUE Private Wealth Advisors now owns 13,797 shares of the company’s stock worth $871,000 after purchasing an additional 139 shares during the period. PayPay Securities Corp lifted its stake in shares of Direxion Daily GOOGL Bull 2X Shares by 93.8% during the 4th quarter. PayPay Securities Corp now owns 409 shares of the company’s stock worth $40,000 after buying an additional 198 shares during the last quarter. Group One Trading LLC boosted its holdings in shares of Direxion Daily GOOGL Bull 2X Shares by 22.6% during the 2nd quarter. Group One Trading LLC now owns 5,898 shares of the company’s stock worth $205,000 after buying an additional 1,087 shares during the period. Clay Northam Wealth Management LLC acquired a new position in Direxion Daily GOOGL Bull 2X Shares in the 4th quarter valued at about $206,000. Finally, Hollencrest Capital Management raised its holdings in Direxion Daily GOOGL Bull 2X Shares by 610.5% in the 4th quarter. Hollencrest Capital Management now owns 3,730 shares of the company’s stock valued at $361,000 after acquiring an additional 3,205 shares during the period.

Direxion Daily GOOGL Bull 2X Shares Stock Down 9.0%

Shares of GGLL stock opened at $110.90 on Friday. Direxion Daily GOOGL Bull 2X Shares has a 12-month low of $36.22 and a 12-month high of $153.00. The company has a market capitalization of $1.07 billion, a PE ratio of 17.77 and a beta of 2.24. The firm has a 50 day moving average price of $124.23 and a two-hundred day moving average price of $108.04.

Direxion Daily GOOGL Bull 2X Shares Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were issued a dividend of $0.5806 per share. This represents a $2.32 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Tuesday, June 23rd.

About Direxion Daily GOOGL Bull 2X Shares

The Direxion Daily GOOGL Bull 1.5X Shares ETF (GGLL) is an exchange-traded fund that is based on the Alphabet Inc Class A index. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Google stock. GGLL was launched on Sep 7, 2022 and is managed by Direxion.