Shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $124.17, but opened at $144.63. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $149.40, with a volume of 1,147,166 shares traded.
MicroSectors Gold Miners 3x Leveraged ETN Stock Up 7.5%
The company’s fifty day moving average is $99.71 and its two-hundred day moving average is $187.81. The stock has a market cap of $1.45 billion, a price-to-earnings ratio of 21.92 and a beta of 1.93.
Institutional Investors Weigh In On MicroSectors Gold Miners 3x Leveraged ETN
A hedge fund recently bought a new position in MicroSectors Gold Miners 3x Leveraged ETN stock. Jump Financial LLC bought a new position in shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 20,597 shares of the company’s stock, valued at approximately $5,019,000. Jump Financial LLC owned approximately 0.24% of MicroSectors Gold Miners 3x Leveraged ETN at the end of the most recent quarter.
About MicroSectors Gold Miners 3x Leveraged ETN
The MicroSectors Gold Miners 3X Leveraged ETN (GDXU) is an exchange-traded fund that is based on the S-Network MicroSectors Gold Miners index. The fund provides 3x daily leveraged exposure to a market-cap weighted index comprised of two gold miners ETFs. GDXU was launched on Dec 7, 2020 and is issued by REX Microsectors.
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