Oriental Harbor Investment Master Fund Takes Position in Direxion Daily GOOGL Bull 2X Shares $GGLL

Oriental Harbor Investment Master Fund purchased a new stake in shares of Direxion Daily GOOGL Bull 2X Shares (NASDAQ:GGLL) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 151,010 shares of the company’s stock, valued at approximately $9,536,000. Direxion Daily GOOGL Bull 2X Shares makes up about 0.8% of Oriental Harbor Investment Master Fund’s portfolio, making the stock its 16th largest holding. Oriental Harbor Investment Master Fund owned approximately 2.07% of Direxion Daily GOOGL Bull 2X Shares as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently added to or reduced their stakes in GGLL. Toth Financial Advisory Corp boosted its stake in 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 purchasing an additional 334 shares during the last quarter. SOA Wealth Advisors LLC. purchased a new position in shares of Direxion Daily GOOGL Bull 2X Shares in the second quarter worth $53,000. SBI Securities Co. Ltd. lifted its holdings in shares of Direxion Daily GOOGL Bull 2X Shares by 27.7% during the second quarter. SBI Securities Co. Ltd. now owns 5,395 shares of the company’s stock valued at $187,000 after purchasing an additional 1,171 shares in the last quarter. Group One Trading LLC lifted its holdings in shares of Direxion Daily GOOGL Bull 2X Shares by 22.6% during the second quarter. Group One Trading LLC now owns 5,898 shares of the company’s stock valued at $205,000 after purchasing an additional 1,087 shares in the last quarter. Finally, Southern Capital Advisors LLC boosted its position in shares of Direxion Daily GOOGL Bull 2X Shares by 4.3% during the second quarter. Southern Capital Advisors LLC now owns 12,203 shares of the company’s stock valued at $424,000 after buying an additional 506 shares during the last quarter.

Direxion Daily GOOGL Bull 2X Shares Stock Performance

NASDAQ GGLL opened at $95.55 on Tuesday. Direxion Daily GOOGL Bull 2X Shares has a one year low of $23.60 and a one year high of $111.61. The stock has a 50-day moving average of $87.95 and a 200 day moving average of $61.60. The company has a market capitalization of $855.17 million, a price-to-earnings ratio of 17.77 and a beta of 1.33.

Direxion Daily GOOGL Bull 2X Shares Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Wednesday, December 10th were issued a dividend of $2.8505 per share. This represents a $11.40 dividend on an annualized basis and a dividend yield of 11.9%. The ex-dividend date of this dividend was Wednesday, December 10th. 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.