MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report)’s stock price rose 9.9% on Wednesday . The stock traded as high as $94.00 and last traded at $93.73. 1,135,375 shares traded hands during mid-day trading, a decline of 5% from the average daily volume of 1,189,671 shares. The stock had previously closed at $85.27.
MicroSectors Gold Miners 3x Leveraged ETN Stock Performance
The firm’s 50 day simple moving average is $148.77 and its 200 day simple moving average is $245.19. The firm has a market capitalization of $754.12 million, a price-to-earnings ratio of 21.92 and a beta of 1.79.
Institutional Investors Weigh In On MicroSectors Gold Miners 3x Leveraged ETN
A hedge fund recently bought a new stake in MicroSectors Gold Miners 3x Leveraged ETN stock. Jump Financial LLC purchased a new position in shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 20,597 shares of the company’s stock, valued at approximately $5,019,000. Jump Financial LLC owned 0.24% of MicroSectors Gold Miners 3x Leveraged ETN as of its most recent filing with the Securities and Exchange Commission.
MicroSectors Gold Miners 3x Leveraged ETN Company Profile
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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