Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT – Get Free Report) shares were down 4.4% on Thursday . The company traded as low as $155.72 and last traded at $157.34. Approximately 197,134 shares were traded during trading, a decline of 72% from the average session volume of 696,779 shares. The stock had previously closed at $164.62.
Direxion Daily Gold Miners Index Bull 2x Shares Stock Performance
The company has a market cap of $1.23 billion, a P/E ratio of 22.41 and a beta of 1.25. The firm’s fifty day moving average is $126.82 and its two-hundred day moving average is $180.42.
Hedge Funds Weigh In On Direxion Daily Gold Miners Index Bull 2x Shares
Several large investors have recently made changes to their positions in NUGT. Parallel Advisors LLC purchased a new stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares during the first quarter worth about $31,000. Tower Research Capital LLC TRC lifted its holdings in Direxion Daily Gold Miners Index Bull 2x Shares by 473.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 878 shares of the exchange traded fund’s stock worth $65,000 after purchasing an additional 725 shares in the last quarter. Raymond James Financial Inc. bought a new position in Direxion Daily Gold Miners Index Bull 2x Shares in the 2nd quarter worth approximately $71,000. Federation des caisses Desjardins du Quebec boosted its stake in Direxion Daily Gold Miners Index Bull 2x Shares by 27.3% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,025 shares of the exchange traded fund’s stock worth $189,000 after purchasing an additional 220 shares during the period. Finally, StoneX Group Inc. bought a new position in Direxion Daily Gold Miners Index Bull 2x Shares in the 4th quarter worth approximately $264,000.
Direxion Daily Gold Miners Index Bull 2x Shares Company 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.
Further Reading
- Five stocks we like better than Direxion Daily Gold Miners Index Bull 2x Shares
- Sony and TSMC’s $4.7 Billion Venture Is About More Than Camera Sensors
- Quantum Leaps: Debt-Free as AI Storage Demand Accelerates
- NVIDIA’s $500 Billion GPU Financing Deal Fuels Path Toward $270
- Sandisk’s Margins Look Like Software. Can They Last?
Receive News & Ratings for Direxion Daily Gold Miners Index Bull 2x Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily Gold Miners Index Bull 2x Shares and related companies with MarketBeat.com's FREE daily email newsletter.
