TRUE Private Wealth Advisors Sells 291 Shares of Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL)

TRUE Private Wealth Advisors lessened its stake in shares of Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL) by 2.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,049 shares of the company’s stock after selling 291 shares during the quarter. TRUE Private Wealth Advisors’ holdings in Direxion Daily GOOGL Bull 2X Shares were worth $524,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in GGLL. Flow Traders U.S. LLC acquired a new position in Direxion Daily GOOGL Bull 2X Shares during the 3rd quarter worth approximately $763,000. Virtu Financial LLC acquired a new stake in Direxion Daily GOOGL Bull 2X Shares in the first quarter valued at approximately $650,000. Client First Investment Management LLC bought a new stake in shares of Direxion Daily GOOGL Bull 2X Shares during the second quarter valued at approximately $881,000. Finally, Hollencrest Capital Management acquired a new position in shares of Direxion Daily GOOGL Bull 2X Shares during the second quarter worth approximately $236,000.

Direxion Daily GOOGL Bull 2X Shares Trading Down 0.4 %

NASDAQ GGLL opened at $37.63 on Friday. The company has a market cap of $158.05 million, a P/E ratio of 39.69 and a beta of -2.73. The company has a fifty day simple moving average of $38.06 and a 200 day simple moving average of $40.40. Direxion Daily GOOGL Bull 2X Shares has a 12-month low of $28.16 and a 12-month high of $52.12.

Direxion Daily GOOGL Bull 2X Shares Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Tuesday, September 24th were issued a dividend of $0.2376 per share. This represents a $0.95 dividend on an annualized basis and a dividend yield of 2.53%. The ex-dividend date of this dividend was Tuesday, September 24th.

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.