Chung Wu Investment Group LLC Buys Shares of 5,300 Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL)

Chung Wu Investment Group LLC bought a new stake in shares of Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 5,300 shares of the company’s stock, valued at approximately $242,000. Chung Wu Investment Group LLC owned about 0.16% of Direxion Daily GOOGL Bull 2X Shares at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. IMC Chicago LLC bought a new stake in Direxion Daily GOOGL Bull 2X Shares during the fourth quarter valued at $2,363,000. Flow Traders U.S. LLC acquired a new stake in Direxion Daily GOOGL Bull 2X Shares in the third quarter worth about $763,000. Strategic Wealth Investment Group LLC acquired a new stake in Direxion Daily GOOGL Bull 2X Shares in the fourth quarter worth about $655,000. SBI Securities Co. Ltd. acquired a new stake in Direxion Daily GOOGL Bull 2X Shares in the fourth quarter worth about $201,000. Finally, Toth Financial Advisory Corp lifted its holdings in Direxion Daily GOOGL Bull 2X Shares by 107.1% in the fourth quarter. Toth Financial Advisory Corp now owns 1,054 shares of the company’s stock worth $48,000 after purchasing an additional 545 shares during the period.

Direxion Daily GOOGL Bull 2X Shares Stock Up 2.4 %

GGLL stock opened at $36.72 on Thursday. The company has a market capitalization of $233.17 million, a P/E ratio of 16.84 and a beta of 1.03. The company has a 50-day simple moving average of $44.95 and a 200 day simple moving average of $40.86. Direxion Daily GOOGL Bull 2X Shares has a fifty-two week low of $28.25 and a fifty-two week 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. Shareholders of record on Monday, December 23rd were issued a $0.3403 dividend. The ex-dividend date 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.