Hamilton Wealth LLC Invests $5.94 Million in Direxion Daily GOOGL Bear 1X Shares $GGLS

Hamilton Wealth LLC bought a new position in Direxion Daily GOOGL Bear 1X Shares (NASDAQ:GGLS) in the first quarter, Holdings Channel.com reports. The firm bought 814,278 shares of the company’s stock, valued at approximately $5,936,000. Hamilton Wealth LLC owned about 0.42% of Direxion Daily GOOGL Bear 1X Shares as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Flow Traders U.S. LLC increased its holdings in Direxion Daily GOOGL Bear 1X Shares by 48.0% in the 2nd quarter. Flow Traders U.S. LLC now owns 17,354 shares of the company’s stock worth $215,000 after purchasing an additional 5,627 shares in the last quarter. Jane Street Group LLC acquired a new position in shares of Direxion Daily GOOGL Bear 1X Shares in the second quarter valued at approximately $147,000. Virtu Financial LLC bought a new position in Direxion Daily GOOGL Bear 1X Shares in the 3rd quarter valued at approximately $312,000. PayPay Securities Corp raised its holdings in Direxion Daily GOOGL Bear 1X Shares by 289.5% in the 4th quarter. PayPay Securities Corp now owns 11,822 shares of the company’s stock valued at $80,000 after buying an additional 8,787 shares during the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in Direxion Daily GOOGL Bear 1X Shares during the 4th quarter worth approximately $331,000.

Direxion Daily GOOGL Bear 1X Shares Price Performance

Shares of Direxion Daily GOOGL Bear 1X Shares stock opened at $60.43 on Thursday. Direxion Daily GOOGL Bear 1X Shares has a twelve month low of $50.65 and a twelve month high of $116.40. The company’s fifty day moving average is $57.22 and its 200 day moving average is $62.13.

Direxion Daily GOOGL Bear 1X 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 $0.3321 per share. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $1.33 annualized dividend and a dividend yield of 2.2%.

Direxion Daily GOOGL Bear 1X Shares Company Profile

The Direxion Daily GOOGL Bear 1X Shares ETF (GGLS) is an exchange-traded fund that is based on the Alphabet Inc Class A index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Google stock. GGLS was launched on Sep 7, 2022 and is managed by Direxion.