MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) traded down 12.3% on Monday . The stock traded as low as $130.00 and last traded at $130.93. 599,186 shares changed hands during trading, a decline of 55% from the average daily volume of 1,321,977 shares. The stock had previously closed at $149.30.
MicroSectors Gold Miners 3x Leveraged ETN Trading Down 9.3%
The firm has a market cap of $1.15 billion, a P/E ratio of 21.92 and a beta of 2.11. The business has a 50-day moving average of $120.59 and a two-hundred day moving average of $169.13.
Institutional Trading of MicroSectors Gold Miners 3x Leveraged ETN
An institutional investor recently bought a new stake in MicroSectors Gold Miners 3x Leveraged ETN stock. Gamco Investors INC. ET AL acquired a new stake in MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 1,000 shares of the company’s stock, valued at approximately $205,000.
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.
Further Reading
- Five stocks we like better than MicroSectors Gold Miners 3x Leveraged ETN
- 3 European Defense Stocks Raising Guidance While the Sector Lags
- Battery Stocks Are Heating Up—These 2 ETFs Offer a Safer Bet
- 5 Names That Showed Signs of Life After Friday’s CPI Report
- What Might it Take for D-Wave to Reset Its Course?
Receive News & Ratings for MicroSectors Gold Miners 3x Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors Gold Miners 3x Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.
