Defiance Daily Target 2X Long IONQ ETF (NASDAQ:IONX) Sees Unusually-High Trading Volume – Here’s What Happened

Defiance Daily Target 2X Long IONQ ETF (NASDAQ:IONX) shares saw unusually-strong trading volume on Friday . Approximately 1,865,995 shares changed hands during mid-day trading, a decline of 3% from the previous session’s volume of 1,925,519 shares.The stock last traded at $82.50 and had previously closed at $70.89.

Defiance Daily Target 2X Long IONQ ETF Stock Up 15.7%

The business’s 50 day moving average price is $39.44 and its two-hundred day moving average price is $58.87.

Institutional Investors Weigh In On Defiance Daily Target 2X Long IONQ ETF

Hedge funds have recently added to or reduced their stakes in the business. UBS Group AG acquired a new position in shares of Defiance Daily Target 2X Long IONQ ETF in the 4th quarter worth approximately $2,065,000. Flow Traders U.S. LLC acquired a new position in shares of Defiance Daily Target 2X Long IONQ ETF in the 2nd quarter worth approximately $270,000. Jump Financial LLC acquired a new position in shares of Defiance Daily Target 2X Long IONQ ETF in the 2nd quarter worth approximately $604,000. Finally, Hollencrest Capital Management bought a new stake in shares of Defiance Daily Target 2X Long IONQ ETF in the 4th quarter valued at $48,000.

About Defiance Daily Target 2X Long IONQ ETF

The Defiance Daily Target 2X Long IONQ ETF (IONX) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to deliver 2x leveraged exposure to the daily share price movement of IonQ, Inc (IONQ), less fees and expenses, through derivatives like swap agreements IONX was launched on Mar 11, 2025 and is issued by Defiance.