Jane Street Group LLC Takes $306,000 Position in Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL)

Jane Street Group LLC acquired a new stake in shares of Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 6,692 shares of the company’s stock, valued at approximately $306,000. Jane Street Group LLC owned about 0.21% of Direxion Daily GOOGL Bull 2X Shares as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the stock. Tower Research Capital LLC TRC bought a new stake in Direxion Daily GOOGL Bull 2X Shares in the fourth quarter valued at about $66,000. Hollencrest Capital Management bought a new stake in Direxion Daily GOOGL Bull 2X Shares during the fourth quarter worth about $92,000. Chung Wu Investment Group LLC bought a new stake in Direxion Daily GOOGL Bull 2X Shares during the fourth quarter worth about $242,000. SBI Securities Co. Ltd. bought a new stake in Direxion Daily GOOGL Bull 2X Shares during the fourth quarter worth about $201,000. Finally, PayPay Securities Corp bought a new stake in Direxion Daily GOOGL Bull 2X Shares during the fourth quarter worth about $31,000.

Direxion Daily GOOGL Bull 2X Shares Trading Down 2.9%

Shares of Direxion Daily GOOGL Bull 2X Shares stock opened at $32.61 on Tuesday. The stock has a market capitalization of $238.05 million, a price-to-earnings ratio of 17.77 and a beta of -2.73. Direxion Daily GOOGL Bull 2X Shares has a 1-year low of $23.60 and a 1-year high of $53.72. The firm’s 50-day moving average price is $29.63 and its two-hundred day moving average price is $37.97.

Direxion Daily GOOGL Bull 2X Shares Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were paid a dividend of $0.2172 per share. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $0.87 annualized dividend and a yield of 2.66%.

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.