Group One Trading LLC Sells 4,954 Shares of Direxion Daily Gold Miners Index Bull 2x Shares $NUGT

Group One Trading LLC lowered its position in Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) by 95.8% during the first quarter, HoldingsChannel reports. The institutional investor owned 218 shares of the exchange traded fund’s stock after selling 4,954 shares during the period. Group One Trading LLC’s holdings in Direxion Daily Gold Miners Index Bull 2x Shares were worth $41,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Virtu Financial LLC lifted its stake in Direxion Daily Gold Miners Index Bull 2x Shares by 548.5% in the fourth quarter. Virtu Financial LLC now owns 35,648 shares of the exchange traded fund’s stock valued at $6,554,000 after acquiring an additional 30,151 shares during the last quarter. HRT Financial LP grew its position in Direxion Daily Gold Miners Index Bull 2x Shares by 379.8% in the fourth quarter. HRT Financial LP now owns 34,629 shares of the exchange traded fund’s stock worth $6,366,000 after acquiring an additional 27,411 shares in the last quarter. SBI Securities Co. Ltd. increased its stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 9.8% during the 4th quarter. SBI Securities Co. Ltd. now owns 21,537 shares of the exchange traded fund’s stock worth $3,960,000 after purchasing an additional 1,914 shares during the last quarter. Jump Financial LLC increased its stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 173.3% during the 4th quarter. Jump Financial LLC now owns 20,651 shares of the exchange traded fund’s stock worth $3,797,000 after purchasing an additional 13,095 shares during the last quarter. Finally, Qube Research & Technologies Ltd bought a new position in shares of Direxion Daily Gold Miners Index Bull 2x Shares during the 2nd quarter valued at $990,000.

Direxion Daily Gold Miners Index Bull 2x Shares Trading Down 4.7%

Direxion Daily Gold Miners Index Bull 2x Shares stock opened at $113.89 on Friday. Direxion Daily Gold Miners Index Bull 2x Shares has a 1-year low of $71.60 and a 1-year high of $320.79. The firm’s fifty day simple moving average is $134.15 and its 200-day simple moving average is $191.10. The company has a market capitalization of $859.87 million, a P/E ratio of 22.41 and a beta of 1.25.

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.