Direxion Daily Gold Miners Index Bull 2x ETF (NYSEARCA:NUGT – Get Free Report) shares passed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $153.54 and traded as high as $156.54. Direxion Daily Gold Miners Index Bull 2x ETF shares last traded at $154.28, with a volume of 702,698 shares trading hands.
Direxion Daily Gold Miners Index Bull 2x ETF Trading Up 8.5%
The business has a 50 day simple moving average of $153.54 and a two-hundred day simple moving average of $175.57. The company has a market cap of $1.06 billion, a PE ratio of 22.41 and a beta of 1.36.
Institutional Trading of Direxion Daily Gold Miners Index Bull 2x ETF
Hedge funds have recently added to or reduced their stakes in the business. Headlands Technologies LLC acquired a new position in shares of Direxion Daily Gold Miners Index Bull 2x ETF during the 2nd quarter valued at about $1,282,000. Frazier Financial Advisors LLC acquired a new stake in shares of Direxion Daily Gold Miners Index Bull 2x ETF in the first quarter worth approximately $753,000. Optiver Holding B.V. boosted its position in shares of Direxion Daily Gold Miners Index Bull 2x ETF by 72.3% in the first quarter. Optiver Holding B.V. now owns 3,052 shares of the exchange traded fund’s stock worth $575,000 after acquiring an additional 1,281 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its holdings in Direxion Daily Gold Miners Index Bull 2x ETF by 160.1% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,670 shares of the exchange traded fund’s stock valued at $195,000 after purchasing an additional 1,028 shares during the period. Finally, Integrated Wealth Concepts LLC purchased a new stake in Direxion Daily Gold Miners Index Bull 2x ETF in the second quarter valued at approximately $99,000.
Direxion Daily Gold Miners Index Bull 2x ETF Company Profile
The Direxion Daily Gold Miners Index Bull 2X Shares (NUGT) is an exchange-traded fund that is based on the NYSE Arca Gold Miners (NTR) index. The fund provides 2x leveraged exposure to a market-cap-weighted index of global gold and silver mining firms. NUGT was launched on Dec 8, 2010 and is managed by Direxion.
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