Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSEARCA:JNUG – Get Free Report) shot up 6.4% on Wednesday . The stock traded as high as $161.26 and last traded at $161.5950. 233,898 shares traded hands during mid-day trading, a decline of 57% from the average session volume of 544,659 shares. The stock had previously closed at $151.92.
Direxion Daily Junior Gold Miners Index Bull 2X Shares Stock Performance
The stock has a market capitalization of $550.98 million, a P/E ratio of 27.33 and a beta of 1.45. The stock has a 50-day moving average price of $148.96 and a two-hundred day moving average price of $104.55.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in JNUG. Belvedere Trading LLC bought a new position in Direxion Daily Junior Gold Miners Index Bull 2X Shares during the 1st quarter valued at approximately $501,000. HighTower Advisors LLC purchased a new stake in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares in the first quarter worth $274,000. Walleye Trading LLC bought a new position in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares during the first quarter valued at $255,000. ORG Partners LLC raised its position in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares by 405.2% in the 2nd quarter. ORG Partners LLC now owns 1,263 shares of the exchange traded fund’s stock worth $100,000 after purchasing an additional 1,013 shares during the last quarter. Finally, Simplex Trading LLC purchased a new position in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares in the 2nd quarter worth about $481,000.
About Direxion Daily Junior Gold Miners Index Bull 2X Shares
The Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG) is an exchange-traded fund that is based on the MVIS Global Junior Gold Miners index. The fund provides daily 2x exposure to an index of junior gold and silver mining companies from developed as well as emerging markets. JNUG was launched on Oct 3, 2013 and is managed by Direxion.
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