Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $40.52 and traded as low as $36.27. Direxion Daily GOOGL Bull 2X Shares shares last traded at $37.12, with a volume of 871,951 shares.
Direxion Daily GOOGL Bull 2X Shares Trading Up 1.6 %
The stock has a market cap of $158.47 million, a PE ratio of 39.69 and a beta of -2.73. The firm has a fifty day simple moving average of $37.95 and a two-hundred day simple moving average of $40.46.
Direxion Daily GOOGL Bull 2X Shares Cuts Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Shareholders of record on Tuesday, September 24th were given a dividend of $0.2376 per share. The ex-dividend date was Tuesday, September 24th. This represents a $0.95 annualized dividend and a yield of 2.52%.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the company. Hollencrest Capital Management purchased a new position in shares of Direxion Daily GOOGL Bull 2X Shares during the 2nd quarter valued at about $236,000. Client First Investment Management LLC purchased a new position in shares of Direxion Daily GOOGL Bull 2X Shares in the second quarter worth about $881,000. Virtu Financial LLC bought a new position in Direxion Daily GOOGL Bull 2X Shares during the 1st quarter worth approximately $650,000. Finally, Flow Traders U.S. LLC bought a new position in shares of Direxion Daily GOOGL Bull 2X Shares in the third quarter worth approximately $763,000.
Direxion Daily GOOGL Bull 2X Shares Company Profile
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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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