Direxion Daily GOOGL Bear 1X Shares $GGLS Shares Sold by IMC Chicago LLC

IMC Chicago LLC cut its holdings in shares of Direxion Daily GOOGL Bear 1X Shares (NASDAQ:GGLS) by 48.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 73,936 shares of the company’s stock after selling 70,819 shares during the quarter. IMC Chicago LLC’s holdings in Direxion Daily GOOGL Bear 1X Shares were worth $539,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GGLS. Renaissance Technologies LLC purchased a new stake in Direxion Daily GOOGL Bear 1X Shares in the 4th quarter valued at about $331,000. Virtu Financial LLC purchased a new position in Direxion Daily GOOGL Bear 1X Shares during the third quarter worth about $312,000. Flow Traders U.S. LLC increased its position in shares of Direxion Daily GOOGL Bear 1X Shares by 48.0% during the second 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 last quarter. Jane Street Group LLC acquired a new stake in shares of Direxion Daily GOOGL Bear 1X Shares during the second quarter valued at about $147,000. Finally, XTX Topco Ltd acquired a new stake in shares of Direxion Daily GOOGL Bear 1X Shares during the fourth quarter valued at about $109,000.

Direxion Daily GOOGL Bear 1X Shares Price Performance

Direxion Daily GOOGL Bear 1X Shares stock opened at $57.60 on Friday. The company’s 50 day simple moving average is $55.74 and its 200-day simple moving average is $62.53. Direxion Daily GOOGL Bear 1X Shares has a 1 year low of $50.65 and a 1 year high of $121.00.

Direxion Daily GOOGL Bear 1X Shares Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 23rd were issued a $0.3321 dividend. This represents a $1.33 annualized dividend and a yield of 2.3%. The ex-dividend date was Tuesday, June 23rd.

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.