271,426 Shares in Direxion Daily GOOGL Bear 1X Shares $GGLS Bought by Hamilton Wealth LLC

Hamilton Wealth LLC purchased a new stake in shares of Direxion Daily GOOGL Bear 1X Shares (NASDAQ:GGLS) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 271,426 shares of the company’s stock, valued at approximately $1,979,000. Hamilton Wealth LLC owned 13.92% of Direxion Daily GOOGL Bear 1X Shares as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. PayPay Securities Corp raised its stake in shares of Direxion Daily GOOGL Bear 1X Shares by 289.5% in the fourth quarter. PayPay Securities Corp now owns 11,822 shares of the company’s stock worth $80,000 after buying an additional 8,787 shares during the period. XTX Topco Ltd bought a new position in shares of Direxion Daily GOOGL Bear 1X Shares during the 4th quarter valued at approximately $109,000. Jane Street Group LLC bought a new position in shares of Direxion Daily GOOGL Bear 1X Shares during the 2nd quarter valued at approximately $147,000. Flow Traders U.S. LLC grew its stake in shares of Direxion Daily GOOGL Bear 1X Shares by 48.0% during the 2nd quarter. Flow Traders U.S. LLC now owns 17,354 shares of the company’s stock valued at $215,000 after acquiring an additional 5,627 shares during the period. Finally, Virtu Financial LLC purchased a new stake in Direxion Daily GOOGL Bear 1X Shares in the 3rd quarter worth approximately $312,000.

Direxion Daily GOOGL Bear 1X Shares Stock Performance

NASDAQ GGLS opened at $56.79 on Monday. Direxion Daily GOOGL Bear 1X Shares has a 12 month low of $50.65 and a 12 month high of $116.40. The company’s 50 day moving average is $57.43 and its two-hundred day moving average is $62.05.

Direxion Daily GOOGL Bear 1X Shares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 23rd were paid a $0.3321 dividend. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $1.33 dividend on an annualized basis and a dividend yield of 2.3%.

About Direxion Daily GOOGL Bear 1X Shares

The Direxion Daily GOOGL Bear 1X Shares ETF (GGLS) is an exchange-traded fund that is based on the Alphabet Inc Class A index. The fund provides inverse (-1x) exposure, less fees and expenses, to the daily price movement for shares of Google stock. GGLS was launched on Sep 7, 2022 and is managed by Direxion.