Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLX) Hits New 12-Month High – Still a Buy?

Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLXGet Free Report) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $114.83 and last traded at $113.70, with a volume of 3672131 shares changing hands. The stock had previously closed at $103.55.

Defiance Daily Target 2X Long RKLB ETF Price Performance

The firm has a 50-day moving average of $48.47 and a 200 day moving average of $42.36.

Institutional Trading of Defiance Daily Target 2X Long RKLB ETF

An institutional investor recently bought a new position in Defiance Daily Target 2X Long RKLB ETF stock. Hollencrest Capital Management purchased a new stake in shares of Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLXFree Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 645 shares of the company’s stock, valued at approximately $26,000.

Defiance Daily Target 2X Long RKLB ETF Company Profile

(Get Free Report)

The Defiance Daily Target 2X Long RKLB ETF (RKLX) is an exchange-traded fund that mostly invests in industrials equity. The fund aims to provide 2x long daily price performance of Rocket Lab USA, Inc shares, less fees and expenses, through the use of swap contracts RKLX was launched on Mar 12, 2025 and is issued by Defiance.

Further Reading

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