MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $157.49, but opened at $167.47. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $165.90, with a volume of 486,728 shares trading hands.
MicroSectors Gold Miners 3x Leveraged ETN Stock Up 0.9%
The stock has a market cap of $1.35 billion, a price-to-earnings ratio of 21.92 and a beta of 2.11. The company’s 50-day moving average is $116.99 and its 200-day moving average is $173.89.
Hedge Funds Weigh In On MicroSectors Gold Miners 3x Leveraged ETN
An institutional investor recently bought a new position in MicroSectors Gold Miners 3x Leveraged ETN stock. Jump Financial LLC bought a new position in MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 20,597 shares of the company’s stock, valued at approximately $5,019,000. Jump Financial LLC owned approximately 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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