Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL - Get Free Report)'s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $56.36 and last traded at $57.17, with a volume of 1161581 shares. The stock had previously closed at $48.73.
Direxion Daily GOOGL Bull 2X Shares Stock Down 0.6%
The firm has a 50 day moving average of $42.45 and a 200 day moving average of $35.54. The firm has a market cap of $641.38 million, a PE ratio of 17.77 and a beta of -2.73.
Direxion Daily GOOGL Bull 2X Shares Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Stockholders of record on Tuesday, June 24th were paid a dividend of $0.2586 per share. This represents a $1.03 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Tuesday, June 24th. This is a positive change from Direxion Daily GOOGL Bull 2X Shares's previous quarterly dividend of $0.22.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of GGLL. Toth Financial Advisory Corp lifted its position in shares of Direxion Daily GOOGL Bull 2X Shares by 62.7% during the second quarter. Toth Financial Advisory Corp now owns 867 shares of the company's stock worth $30,000 after acquiring an additional 334 shares in the last quarter. Tower Research Capital LLC TRC bought a new stake in shares of Direxion Daily GOOGL Bull 2X Shares during the 4th quarter valued at $66,000. SOA Wealth Advisors LLC. purchased a new stake in Direxion Daily GOOGL Bull 2X Shares during the 2nd quarter worth about $53,000. Parallel Advisors LLC boosted its stake in Direxion Daily GOOGL Bull 2X Shares by 48.1% in the 1st quarter. Parallel Advisors LLC now owns 2,000 shares of the company's stock worth $57,000 after purchasing an additional 650 shares during the period. Finally, SBI Securities Co. Ltd. boosted its stake in Direxion Daily GOOGL Bull 2X Shares by 27.7% in the 2nd quarter. SBI Securities Co. Ltd. now owns 5,395 shares of the company's stock worth $187,000 after purchasing an additional 1,171 shares during the period.
About Direxion Daily GOOGL Bull 2X Shares
(
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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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