Hollencrest Capital Management Buys New Position in Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL)

Hollencrest Capital Management bought a new stake in shares of Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 2,013 shares of the company’s stock, valued at approximately $92,000. Hollencrest Capital Management owned 0.06% of Direxion Daily GOOGL Bull 2X Shares as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. PayPay Securities Corp purchased a new stake in shares of Direxion Daily GOOGL Bull 2X Shares during the 4th quarter valued at about $31,000. Toth Financial Advisory Corp raised its holdings in shares of Direxion Daily GOOGL Bull 2X Shares by 107.1% during the 4th quarter. Toth Financial Advisory Corp now owns 1,054 shares of the company’s stock valued at $48,000 after buying an additional 545 shares during the period. SBI Securities Co. Ltd. purchased a new stake in shares of Direxion Daily GOOGL Bull 2X Shares during the 4th quarter valued at about $201,000. Chung Wu Investment Group LLC purchased a new stake in shares of Direxion Daily GOOGL Bull 2X Shares during the 4th quarter valued at about $242,000. Finally, Strategic Wealth Investment Group LLC purchased a new stake in shares of Direxion Daily GOOGL Bull 2X Shares during the 4th quarter valued at about $655,000.

Direxion Daily GOOGL Bull 2X Shares Stock Performance

Shares of NASDAQ:GGLL opened at $34.15 on Thursday. The company has a market cap of $110.99 million, a P/E ratio of 16.84 and a beta of -2.73. Direxion Daily GOOGL Bull 2X Shares has a one year low of $29.81 and a one year high of $53.72. The business’s 50-day simple moving average is $43.75 and its 200 day simple moving average is $40.75.

Direxion Daily GOOGL Bull 2X Shares Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a dividend of $0.3403 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Direxion Daily GOOGL Bull 2X Shares 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.