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

Hollencrest Capital Management bought a new position in Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLLFree Report) in the 4th quarter, HoldingsChannel reports. The fund bought 2,013 shares of the company’s stock, valued at approximately $92,000.

Several other hedge funds also recently made changes to their positions in GGLL. IMC Chicago LLC acquired a new position in shares of Direxion Daily GOOGL Bull 2X Shares in the 4th quarter worth approximately $2,363,000. Flow Traders U.S. LLC bought a new position in shares of Direxion Daily GOOGL Bull 2X Shares during the third quarter worth about $763,000. Strategic Wealth Investment Group LLC bought a new stake in shares of Direxion Daily GOOGL Bull 2X Shares during the fourth quarter valued at approximately $655,000. Chung Wu Investment Group LLC bought a new stake in shares of Direxion Daily GOOGL Bull 2X Shares during the fourth quarter valued at approximately $242,000. Finally, SBI Securities Co. Ltd. bought a new stake in shares of Direxion Daily GOOGL Bull 2X Shares during the fourth quarter valued at approximately $201,000.

Direxion Daily GOOGL Bull 2X Shares Trading Up 3.6 %

GGLL opened at $34.15 on Thursday. The business’s 50 day moving average is $43.75 and its 200-day moving average is $40.75. The stock has a market cap of $110.99 million, a PE ratio of 16.84 and a beta of -2.73. Direxion Daily GOOGL Bull 2X Shares has a twelve month low of $29.81 and a twelve month high of $53.72.

Direxion Daily GOOGL Bull 2X Shares Cuts Dividend

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

Direxion Daily GOOGL Bull 2X Shares Company Profile

(Free Report)

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.

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Want to see what other hedge funds are holding GGLL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLLFree Report).

Institutional Ownership by Quarter for Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL)

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