Virtu Financial LLC Buys 30,151 Shares of Direxion Daily Gold Miners Index Bull 2x Shares $NUGT

Virtu Financial LLC increased its stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) by 548.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 35,648 shares of the exchange traded fund’s stock after purchasing an additional 30,151 shares during the period. Direxion Daily Gold Miners Index Bull 2x Shares makes up 0.3% of Virtu Financial LLC’s investment portfolio, making the stock its 25th largest holding. Virtu Financial LLC owned 0.64% of Direxion Daily Gold Miners Index Bull 2x Shares worth $6,554,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in NUGT. Tower Research Capital LLC TRC grew its position in Direxion Daily Gold Miners Index Bull 2x Shares by 473.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 878 shares of the exchange traded fund’s stock worth $65,000 after purchasing an additional 725 shares during the period. Raymond James Financial Inc. purchased a new stake in Direxion Daily Gold Miners Index Bull 2x Shares during the 2nd quarter valued at $71,000. Caitlin John LLC purchased a new stake in Direxion Daily Gold Miners Index Bull 2x Shares during the 3rd quarter valued at $164,000. Federation des caisses Desjardins du Quebec lifted its holdings in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 27.3% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,025 shares of the exchange traded fund’s stock valued at $189,000 after buying an additional 220 shares during the period. Finally, CreativeOne Wealth LLC bought a new position in shares of Direxion Daily Gold Miners Index Bull 2x Shares during the 3rd quarter valued at $258,000.

Direxion Daily Gold Miners Index Bull 2x Shares Price Performance

NUGT stock opened at $141.46 on Friday. The company has a market cap of $827.54 million, a P/E ratio of 22.41 and a beta of 1.16. Direxion Daily Gold Miners Index Bull 2x Shares has a 1 year low of $69.37 and a 1 year high of $320.79. The stock’s fifty day moving average price is $174.27 and its 200-day moving average price is $202.55.

Direxion Daily Gold Miners Index Bull 2x Shares 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.