Defiance Daily Target 2X Long AVGO ETF (NASDAQ:AVGX) Trading Down 3.5% – Should You Sell?

Posted by Casey Walker on Nov 8th, 2025

Defiance Daily Target 2X Long AVGO ETF (NASDAQ:AVGX – Get Free Report)’s share price was down 3.5% during trading on Friday . The company traded as low as $47.93 and last traded at $51.63. Approximately 656,616 shares traded hands during trading, a decline of 15% from the average daily volume of 771,757 shares. The stock had previously closed at $53.49.

Defiance Daily Target 2X Long AVGO ETF Trading Down 3.5%

The business’s 50-day moving average is $51.98 and its 200-day moving average is $39.04.

Hedge Funds Weigh In On Defiance Daily Target 2X Long AVGO ETF

An institutional investor recently bought a new position in Defiance Daily Target 2X Long AVGO ETF stock. Jump Financial LLC bought a new position in shares of Defiance Daily Target 2X Long AVGO ETF (NASDAQ:AVGX – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 8,074 shares of the company’s stock, valued at approximately $289,000. Jump Financial LLC owned approximately 0.36% of Defiance Daily Target 2X Long AVGO ETF as of its most recent SEC filing.

Defiance Daily Target 2X Long AVGO ETF Company Profile

(Get Free Report)

The Defiance Daily Target 2X Long AVGO ETF (AVGX) 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 Broadcom Inc (AVGO), less fees and expenses, through derivatives like swap agreements AVGX was launched on Aug 21, 2024 and is issued by Defiance.