Hamilton Wealth LLC Purchases New Holdings in Direxion Daily GOOGL Bear 1X Shares $GGLS

Hamilton Wealth LLC bought a new stake in Direxion Daily GOOGL Bear 1X Shares (NASDAQ:GGLS) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 814,278 shares of the company’s stock, valued at approximately $5,936,000. Hamilton Wealth LLC owned approximately 41.76% of Direxion Daily GOOGL Bear 1X Shares at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Flow Traders U.S. LLC lifted its stake 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 valued at $215,000 after purchasing an additional 5,627 shares during the last quarter. PayPay Securities Corp raised its stake in Direxion Daily GOOGL Bear 1X Shares by 289.5% in the fourth 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 period. Jane Street Group LLC acquired a new stake in shares of Direxion Daily GOOGL Bear 1X Shares in the second quarter valued at approximately $147,000. XTX Topco Ltd acquired a new stake in shares of Direxion Daily GOOGL Bear 1X Shares in the fourth quarter valued at approximately $109,000. Finally, Virtu Financial LLC bought a new position in shares of Direxion Daily GOOGL Bear 1X Shares during the 3rd quarter worth approximately $312,000.

Direxion Daily GOOGL Bear 1X Shares Trading Down 0.7%

NASDAQ:GGLS opened at $60.43 on Thursday. Direxion Daily GOOGL Bear 1X Shares has a one year low of $50.65 and a one year high of $116.40. The firm’s fifty day moving average price is $57.22 and its two-hundred day moving average price is $62.13.

Direxion Daily GOOGL Bear 1X Shares Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were given a $0.3321 dividend. This represents a $1.33 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Tuesday, June 23rd.

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.