151,010 Shares in Direxion Daily GOOGL Bull 2X Shares $GGLL Acquired by Oriental Harbor Investment Master Fund

Oriental Harbor Investment Master Fund bought a new position in Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL) in the third quarter, according to the company in its most recent disclosure with the SEC. The fund bought 151,010 shares of the company’s stock, valued at approximately $9,536,000. Direxion Daily GOOGL Bull 2X Shares accounts for about 0.8% of Oriental Harbor Investment Master Fund’s investment portfolio, making the stock its 16th largest position.

Other hedge funds have also added to or reduced their stakes in the company. Toth Financial Advisory Corp lifted its holdings in shares of Direxion Daily GOOGL Bull 2X Shares by 62.7% during the 2nd quarter. Toth Financial Advisory Corp now owns 867 shares of the company’s stock valued at $30,000 after buying an additional 334 shares during the period. SOA Wealth Advisors LLC. bought a new position in Direxion Daily GOOGL Bull 2X Shares in the second quarter valued at about $53,000. SBI Securities Co. Ltd. boosted its position in Direxion Daily GOOGL Bull 2X Shares by 27.7% in the second 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 last quarter. Group One Trading LLC boosted its position in Direxion Daily GOOGL Bull 2X Shares by 22.6% in the second quarter. Group One Trading LLC now owns 5,898 shares of the company’s stock worth $205,000 after purchasing an additional 1,087 shares during the last quarter. Finally, Southern Capital Advisors LLC grew its stake in shares of Direxion Daily GOOGL Bull 2X Shares by 4.3% during the 2nd quarter. Southern Capital Advisors LLC now owns 12,203 shares of the company’s stock valued at $424,000 after purchasing an additional 506 shares during the period.

Direxion Daily GOOGL Bull 2X Shares Trading Up 1.7%

GGLL opened at $95.55 on Tuesday. The company’s 50 day moving average is $87.95 and its 200 day moving average is $61.60. The company has a market cap of $855.17 million, a price-to-earnings ratio of 17.77 and a beta of 1.33. Direxion Daily GOOGL Bull 2X Shares has a 12-month low of $23.60 and a 12-month high of $111.61.

Direxion Daily GOOGL Bull 2X Shares Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Wednesday, December 10th were paid a dividend of $2.8505 per share. The ex-dividend date was Wednesday, December 10th. This represents a $11.40 annualized dividend and a dividend yield of 11.9%. This is a boost from Direxion Daily GOOGL Bull 2X Shares’s previous quarterly dividend of $0.36.

About Direxion Daily GOOGL Bull 2X Shares

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.