Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) Shares Gap Up – Here’s Why

Posted by Doug Wharley on May 8th, 2026

Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT – Get Free Report)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $160.94, but opened at $178.47. Direxion Daily Gold Miners Index Bull 2x Shares shares last traded at $184.11, with a volume of 313,547 shares.

Direxion Daily Gold Miners Index Bull 2x Shares Price Performance

The stock has a market capitalization of $1.13 billion, a price-to-earnings ratio of 22.41 and a beta of 1.18. The firm has a fifty day moving average of $207.00 and a 200 day moving average of $199.17.

Institutional Trading of Direxion Daily Gold Miners Index Bull 2x Shares

Several institutional investors have recently bought and sold shares of the business. NewEdge Advisors LLC grew its holdings in Direxion Daily Gold Miners Index Bull 2x Shares by 3.2% in the fourth quarter. NewEdge Advisors LLC now owns 2,224 shares of the exchange traded fund’s stock valued at $409,000 after purchasing an additional 69 shares during the period. Parallel Advisors LLC acquired a new stake in Direxion Daily Gold Miners Index Bull 2x Shares in the first quarter valued at approximately $31,000. HighTower Advisors LLC grew its holdings in Direxion Daily Gold Miners Index Bull 2x Shares by 12.2% in the fourth quarter. HighTower Advisors LLC now owns 1,721 shares of the exchange traded fund’s stock valued at $316,000 after purchasing an additional 187 shares during the period. Federation des caisses Desjardins du Quebec grew its holdings in Direxion Daily Gold Miners Index Bull 2x Shares by 27.3% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 1,025 shares of the exchange traded fund’s stock valued at $189,000 after purchasing an additional 220 shares during the period. Finally, Harbour Investments Inc. grew its holdings in Direxion Daily Gold Miners Index Bull 2x Shares by 11.1% in the fourth quarter. Harbour Investments Inc. now owns 4,129 shares of the exchange traded fund’s stock valued at $759,000 after purchasing an additional 413 shares during the period.

About Direxion Daily Gold Miners Index Bull 2x Shares

(Get Free Report)

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.