18,671 Shares in Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL) Purchased by Client First Investment Management LLC

Client First Investment Management LLC acquired a new stake in Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 18,671 shares of the company’s stock, valued at approximately $881,000. Direxion Daily GOOGL Bull 2X Shares accounts for approximately 0.7% of Client First Investment Management LLC’s holdings, making the stock its 17th largest position. Client First Investment Management LLC owned about 0.71% of Direxion Daily GOOGL Bull 2X Shares as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. TRUE Private Wealth Advisors grew its position in shares of Direxion Daily GOOGL Bull 2X Shares by 3.4% during the 1st quarter. TRUE Private Wealth Advisors now owns 14,309 shares of the company’s stock worth $494,000 after buying an additional 469 shares in the last quarter. Hollencrest Capital Management bought a new position in Direxion Daily GOOGL Bull 2X Shares during the 2nd quarter worth about $236,000. IMC Chicago LLC bought a new position in Direxion Daily GOOGL Bull 2X Shares during the 4th quarter worth about $343,000. Finally, Virtu Financial LLC purchased a new position in Direxion Daily GOOGL Bull 2X Shares during the 1st quarter valued at about $650,000.

Direxion Daily GOOGL Bull 2X Shares Stock Performance

Shares of GGLL opened at $36.58 on Friday. The company has a 50 day moving average price of $37.81 and a 200-day moving average price of $39.63. Direxion Daily GOOGL Bull 2X Shares has a fifty-two week low of $25.87 and a fifty-two week high of $52.12. The stock has a market capitalization of $96.21 million, a PE ratio of 39.69 and a beta of -2.73.

Direxion Daily GOOGL Bull 2X Shares Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 2nd. Shareholders of record on Tuesday, June 25th were issued a dividend of $0.3328 per share. The ex-dividend date of this dividend was Tuesday, June 25th. This represents a $1.33 dividend on an annualized basis and a yield of 3.64%.

About Direxion Daily GOOGL Bull 2X Shares

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.