29,995 Shares in Direxion Daily GOOGL Bear 1X Shares (NASDAQ:GGLS) Purchased by IMC Chicago LLC

IMC Chicago LLC acquired a new position in shares of Direxion Daily GOOGL Bear 1X Shares (NASDAQ:GGLS) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 29,995 shares of the company’s stock, valued at approximately $477,000. IMC Chicago LLC owned approximately 12.00% of Direxion Daily GOOGL Bear 1X Shares at the end of the most recent reporting period.

Separately, Wakefield Asset Management LLLP bought a new position in Direxion Daily GOOGL Bear 1X Shares in the 4th quarter worth about $690,000.

Direxion Daily GOOGL Bear 1X Shares Stock Performance

NASDAQ:GGLS opened at $12.94 on Friday. Direxion Daily GOOGL Bear 1X Shares has a fifty-two week low of $12.66 and a fifty-two week high of $21.32. The firm has a 50-day simple moving average of $13.80 and a two-hundred day simple moving average of $15.68.

Direxion Daily GOOGL Bear 1X Shares Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 2nd. Investors of record on Tuesday, June 25th will be given a dividend of $0.2024 per share. This represents a $0.81 annualized dividend and a dividend yield of 6.26%. The ex-dividend date of this dividend is Tuesday, June 25th.

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.