Direxion Daily Junior Gold Miners Index Bull 2X Shares $JNUG Stock Position Increased by Client First Investment Management LLC

Client First Investment Management LLC increased its stake in Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSEARCA:JNUG) by 15.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 26,392 shares of the exchange traded fund’s stock after buying an additional 3,519 shares during the quarter. Direxion Daily Junior Gold Miners Index Bull 2X Shares makes up 2.9% of Client First Investment Management LLC’s portfolio, making the stock its 5th biggest position. Client First Investment Management LLC’s holdings in Direxion Daily Junior Gold Miners Index Bull 2X Shares were worth $5,451,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in JNUG. Jump Financial LLC purchased a new stake in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares in the 3rd quarter worth approximately $5,097,000. IMC Chicago LLC purchased a new stake in Direxion Daily Junior Gold Miners Index Bull 2X Shares during the 3rd quarter valued at $3,403,000. Qube Research & Technologies Ltd boosted its stake in Direxion Daily Junior Gold Miners Index Bull 2X Shares by 693.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 7,253 shares of the exchange traded fund’s stock valued at $576,000 after purchasing an additional 6,339 shares during the last quarter. JPMorgan Chase & Co. purchased a new stake in Direxion Daily Junior Gold Miners Index Bull 2X Shares during the 3rd quarter valued at $973,000. Finally, Optiver Holding B.V. purchased a new stake in Direxion Daily Junior Gold Miners Index Bull 2X Shares during the 3rd quarter valued at $579,000.

Direxion Daily Junior Gold Miners Index Bull 2X Shares Trading Down 7.0%

Shares of JNUG opened at $167.28 on Thursday. The business’s fifty day simple moving average is $197.39 and its two-hundred day simple moving average is $221.87. Direxion Daily Junior Gold Miners Index Bull 2X Shares has a 12 month low of $70.02 and a 12 month high of $363.55. The company has a market cap of $424.89 million, a price-to-earnings ratio of 27.33 and a beta of 1.55.

Direxion Daily Junior Gold Miners Index Bull 2X Shares Company Profile

The Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG) is an exchange-traded fund that is based on the MVIS Global Junior Gold Miners index. The fund provides daily 2x exposure to an index of junior gold and silver mining companies from developed as well as emerging markets. JNUG was launched on Oct 3, 2013 and is managed by Direxion.