Harbour Investments Inc. Sells 2,421 Shares of Direxion Daily Gold Miners Index Bull 2x Shares $NUGT

Harbour Investments Inc. lowered its stake in Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) by 36.6% in the second quarter, Holdings Channel reports. The fund owned 4,197 shares of the exchange traded fund’s stock after selling 2,421 shares during the quarter. Harbour Investments Inc.’s holdings in Direxion Daily Gold Miners Index Bull 2x Shares were worth $312,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Jump Financial LLC bought a new position in shares of Direxion Daily Gold Miners Index Bull 2x Shares in the first quarter worth about $8,235,000. Virtu Financial LLC bought a new position in shares of Direxion Daily Gold Miners Index Bull 2x Shares in the first quarter worth about $1,340,000. SBI Securities Co. Ltd. lifted its holdings in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 4.6% in the first quarter. SBI Securities Co. Ltd. now owns 19,827 shares of the exchange traded fund’s stock worth $1,232,000 after acquiring an additional 872 shares during the last quarter. Belvedere Trading LLC bought a new position in shares of Direxion Daily Gold Miners Index Bull 2x Shares in the first quarter worth about $265,000. Finally, Thurston Springer Miller Herd & Titak Inc. raised its holdings in Direxion Daily Gold Miners Index Bull 2x Shares by 75.1% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,902 shares of the exchange traded fund’s stock valued at $290,000 after buying an additional 1,674 shares during the last quarter.

Direxion Daily Gold Miners Index Bull 2x Shares Price Performance

Shares of NYSEARCA NUGT opened at $136.39 on Wednesday. The company has a 50 day simple moving average of $130.36 and a 200 day simple moving average of $92.71. The firm has a market cap of $906.99 million, a PE ratio of 22.41 and a beta of 1.98. Direxion Daily Gold Miners Index Bull 2x Shares has a 1 year low of $34.08 and a 1 year high of $189.68.

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.