3,306 Shares in Direxion Daily Gold Miners Index Bull 2x Shares $NUGT Purchased by Millennium Capital Advisors LLC

Millennium Capital Advisors LLC acquired a new position in shares of Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,306 shares of the exchange traded fund’s stock, valued at approximately $608,000. Millennium Capital Advisors LLC owned approximately 0.06% of Direxion Daily Gold Miners Index Bull 2x Shares at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. FNY Investment Advisers LLC boosted its stake in Direxion Daily Gold Miners Index Bull 2x Shares by 60.0% during the third quarter. FNY Investment Advisers LLC now owns 12,000 shares of the exchange traded fund’s stock worth $1,853,000 after acquiring an additional 4,500 shares in the last quarter. IMC Chicago LLC bought a new stake in Direxion Daily Gold Miners Index Bull 2x Shares during the third quarter worth about $10,013,000. Optiver Holding B.V. bought a new stake in Direxion Daily Gold Miners Index Bull 2x Shares during the third quarter worth about $339,000. Caitlin John LLC bought a new stake in Direxion Daily Gold Miners Index Bull 2x Shares during the third quarter worth about $164,000. Finally, PFG Investments LLC bought a new stake in Direxion Daily Gold Miners Index Bull 2x Shares during the third quarter worth about $232,000.

Direxion Daily Gold Miners Index Bull 2x Shares Price Performance

NYSEARCA:NUGT opened at $164.25 on Friday. Direxion Daily Gold Miners Index Bull 2x Shares has a one year low of $57.40 and a one year high of $320.79. The company’s 50-day simple moving average is $195.62 and its 200 day simple moving average is $200.88. The firm has a market capitalization of $960.86 million, a P/E ratio of 22.41 and a beta of 1.18.

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.