Shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSEARCA:JNUG – Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $170.48, but opened at $180.00. Direxion Daily Junior Gold Miners Index Bull 2X Shares shares last traded at $189.22, with a volume of 111,326 shares changing hands.
Direxion Daily Junior Gold Miners Index Bull 2X Shares Trading Up 13.4%
The firm has a market cap of $520.22 million, a PE ratio of 27.33 and a beta of 1.45. The stock’s 50 day moving average price is $263.69 and its 200 day moving average price is $208.00.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the stock. Virtu Financial LLC lifted its stake in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares by 18.1% during the fourth quarter. Virtu Financial LLC now owns 38,572 shares of the exchange traded fund’s stock worth $7,967,000 after purchasing an additional 5,915 shares in the last quarter. Caitlin John LLC purchased a new stake in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares during the 4th quarter valued at about $33,000. Client First Investment Management LLC raised its holdings in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares by 15.4% during the 4th quarter. Client First Investment Management LLC now owns 26,392 shares of the exchange traded fund’s stock valued at $5,451,000 after buying an additional 3,519 shares during the period. SBI Securities Co. Ltd. lifted its position in Direxion Daily Junior Gold Miners Index Bull 2X Shares by 122.2% during the 4th quarter. SBI Securities Co. Ltd. now owns 1,271 shares of the exchange traded fund’s stock worth $263,000 after acquiring an additional 699 shares in the last quarter. Finally, Rachor Investment Advisory Services LLC acquired a new position in Direxion Daily Junior Gold Miners Index Bull 2X Shares during the 4th quarter worth approximately $137,000.
Direxion Daily Junior Gold Miners Index Bull 2X Shares Company Profile
The Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG) is an exchange-traded fund that is based on the MVIS Global Junior Gold Miners index. The fund provides daily 2x exposure to an index of junior gold and silver mining companies from developed as well as emerging markets. JNUG was launched on Oct 3, 2013 and is managed by Direxion.
Further Reading
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