Direxion Daily LLY Bull 2X ETF (NASDAQ:ELIL) Announces Quarterly Dividend of $0.09

Direxion Daily LLY Bull 2X ETF (NASDAQ:ELIL) declared a quarterly dividend on Monday, September 21st. Shareholders of record on Tuesday, September 22nd will be given a dividend of 0.0878 per share on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Tuesday, September 22nd.

Direxion Daily LLY Bull 2X ETF Stock Performance

Shares of ELIL stock traded up $0.25 during trading hours on Tuesday, hitting $28.41. The company had a trading volume of 30,479 shares, compared to its average volume of 110,909. The company’s fifty day moving average is $29.23 and its 200 day moving average is $25.64. Direxion Daily LLY Bull 2X ETF has a fifty-two week low of $14.58 and a fifty-two week high of $35.13.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Direxion Daily LLY Bull 2X ETF stock. IMC Chicago LLC purchased a new stake in Direxion Daily LLY Bull 2X ETF (NASDAQ:ELIL) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 12,928 shares of the company’s stock, valued at approximately $250,000. IMC Chicago LLC owned 1.62% of Direxion Daily LLY Bull 2X ETF as of its most recent SEC filing.

Direxion Daily LLY Bull 2X ETF Company Profile

Direxion Shares ETF Trust – Direxion Daily LLY Bull 2X Shares is an exchange traded fund launched by Direxion Investments. The fund is managed by Rafferty Asset Management, LLC. It invests in public equity markets. It invests through derivatives in stocks of companies operating across health care, pharmaceuticals, biotechnology and life sciences sectors. The fund uses derivatives such as swaps and options to create its portfolio. The fund invests in growth and value stocks of companies across diversified market capitalization.