MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) saw unusually-strong trading volume on Friday . 781,400 shares were traded during trading, a decline of 33% from the previous session’s volume of 1,173,275 shares.The stock last traded at $92.40 and had previously closed at $86.64.
MicroSectors Gold Miners 3x Leveraged ETN Price Performance
The business’s fifty day simple moving average is $158.37 and its two-hundred day simple moving average is $247.77. The company has a market cap of $818.12 million, a PE ratio of 21.92 and a beta of 1.79.
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. Gamco Investors INC. ET AL acquired a new stake in MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,000 shares of the company’s stock, valued at approximately $205,000.
About MicroSectors Gold Miners 3x Leveraged ETN
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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