Shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $308.75, but opened at $325.00. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $338.6370, with a volume of 286,651 shares changing hands.
MicroSectors Gold Miners 3x Leveraged ETN Stock Performance
The firm has a market cap of $2.76 billion, a P/E ratio of 21.92 and a beta of 2.02. The firm has a 50 day simple moving average of $317.35 and a 200 day simple moving average of $216.15.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in MicroSectors Gold Miners 3x Leveraged ETN stock. Jump Financial LLC acquired a new position in MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 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 at the end of the most recent quarter.
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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