Defiance Daily Target 2X Long IONQ ETF (NASDAQ:IONX) Sees Strong Trading Volume – Here’s Why

Posted by James Quigley on May 22nd, 2026

Defiance Daily Target 2X Long IONQ ETF (NASDAQ:IONX – Get Free Report) saw strong trading volume on Friday . 1,865,995 shares were traded during trading, a decline of 3% from the previous session’s volume of 1,925,519 shares.The stock last traded at $82.50 and had previously closed at $70.89.

Defiance Daily Target 2X Long IONQ ETF Trading Up 18.5%

The company has a fifty day moving average price of $38.42 and a 200 day moving average price of $58.71.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of IONX. Hollencrest Capital Management purchased a new position in shares of Defiance Daily Target 2X Long IONQ ETF during the fourth quarter worth about $48,000. Flow Traders U.S. LLC purchased a new stake in Defiance Daily Target 2X Long IONQ ETF in the second quarter worth approximately $270,000. Jump Financial LLC purchased a new stake in Defiance Daily Target 2X Long IONQ ETF in the second quarter worth approximately $604,000. Finally, UBS Group AG purchased a new stake in Defiance Daily Target 2X Long IONQ ETF in the fourth quarter worth approximately $2,065,000.

Defiance Daily Target 2X Long IONQ ETF Company Profile

(Get Free Report)

The Defiance Daily Target 2X Long IONQ ETF (IONX) 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 IonQ, Inc (IONQ), less fees and expenses, through derivatives like swap agreements IONX was launched on Mar 11, 2025 and is issued by Defiance.