Goldman Sachs Group Inc. acquired a new stake in shares of Direxion Daily LLY Bull 2X Shares (NASDAQ:ELIL – Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 25,000 shares of the company’s stock, valued at approximately $585,000. Goldman Sachs Group Inc. owned approximately 16.67% of Direxion Daily LLY Bull 2X Shares as of its most recent SEC filing.
Direxion Daily LLY Bull 2X Shares Trading Down 7.4%
NASDAQ:ELIL opened at $14.70 on Friday. The stock has a 50-day simple moving average of $16.06. Direxion Daily LLY Bull 2X Shares has a twelve month low of $11.50 and a twelve month high of $26.77.
Direxion Daily LLY Bull 2X Shares Cuts Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 23rd will be paid a $0.0922 dividend. This represents a $0.37 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Tuesday, September 23rd.
About Direxion Daily LLY Bull 2X Shares
Direxion Shares ETF Trust – Direxion Daily LLY Bull 2X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. It invests in public equity markets. It invests through derivatives in stocks of companies operating across health care, pharmaceuticals, biotechnology and life sciences sectors.
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