IMC Chicago LLC Reduces Stake in Direxion Daily GOOGL Bear 1X Shares $GGLS

IMC Chicago LLC cut its stake in Direxion Daily GOOGL Bear 1X Shares (NASDAQ:GGLS – Free Report) by 48.9% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 73,936 shares of the company’s stock after selling 70,819 shares during the quarter. IMC Chicago LLC owned about 3.79% of Direxion Daily GOOGL Bear 1X Shares worth $539,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of GGLS. Flow Traders U.S. LLC boosted its position 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 last quarter. PayPay Securities Corp grew its holdings 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 valued at $80,000 after purchasing an additional 8,787 shares during the period. Jane Street Group LLC acquired a new stake in Direxion Daily GOOGL Bear 1X Shares during the second quarter worth about $147,000. XTX Topco Ltd acquired a new stake in Direxion Daily GOOGL Bear 1X Shares during the fourth quarter worth about $109,000. Finally, Virtu Financial LLC purchased a new position in Direxion Daily GOOGL Bear 1X Shares during the third quarter worth about $312,000.

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Direxion Daily GOOGL Bear 1X Shares Stock Up 4.5%

Shares of GGLS stock opened at $57.60 on Friday. The firm’s 50-day moving average is $55.74 and its two-hundred day moving average is $62.53. Direxion Daily GOOGL Bear 1X Shares has a 12 month low of $50.65 and a 12 month high of $121.00.

Direxion Daily GOOGL Bear 1X Shares Announces Dividend

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

Direxion Daily GOOGL Bear 1X Shares Profile

(Free Report)

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.

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