IMC Chicago LLC Makes New Investment in Direxion Daily GOOGL Bull 2X Shares $GGLL

IMC Chicago LLC acquired a new stake in Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 5,605 shares of the company’s stock, valued at approximately $437,000. IMC Chicago LLC owned about 0.06% of Direxion Daily GOOGL Bull 2X Shares at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in GGLL. TRUE Private Wealth Advisors increased its holdings 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 buying an additional 139 shares during the last quarter. PayPay Securities Corp lifted its stake in Direxion Daily GOOGL Bull 2X Shares by 93.8% in the fourth quarter. PayPay Securities Corp now owns 409 shares of the company’s stock valued at $40,000 after acquiring an additional 198 shares during the last quarter. Group One Trading LLC lifted its stake in Direxion Daily GOOGL Bull 2X Shares by 22.6% in the second quarter. Group One Trading LLC now owns 5,898 shares of the company’s stock valued at $205,000 after acquiring an additional 1,087 shares during the last quarter. Clay Northam Wealth Management LLC bought a new position in shares of Direxion Daily GOOGL Bull 2X Shares in the 4th quarter valued at about $206,000. Finally, Hollencrest Capital Management grew its position in shares of 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 Price Performance

Direxion Daily GOOGL Bull 2X Shares stock opened at $110.90 on Friday. The company’s 50-day moving average is $124.23 and its 200-day moving average is $108.04. The firm has a market capitalization of $1.07 billion, a PE ratio of 17.77 and a beta of 2.24. Direxion Daily GOOGL Bull 2X Shares has a fifty-two week low of $36.22 and a fifty-two week high of $153.00.

Direxion Daily GOOGL Bull 2X Shares Dividend Announcement

The firm 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. The ex-dividend date was Tuesday, June 23rd. This represents a $2.32 dividend on an annualized basis and a yield of 2.1%.

Direxion Daily GOOGL Bull 2X Shares Company Profile

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.