Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLX) Stock Price Up 10.7% – Time to Buy?

Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLX)’s share price rose 10.7% during trading on Wednesday . The stock traded as high as $92.36 and last traded at $91.91. Approximately 1,990,929 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 2,678,521 shares. The stock had previously closed at $83.01.

Defiance Daily Target 2X Long RKLB ETF Trading Up 10.3%

The business’s 50-day moving average price is $40.97 and its 200-day moving average price is $39.92.

Hedge Funds Weigh In On Defiance Daily Target 2X Long RKLB ETF

An institutional investor recently bought a new position in Defiance Daily Target 2X Long RKLB ETF stock. Hollencrest Capital Management bought a new position in shares of Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLX) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 645 shares of the company’s stock, valued at approximately $26,000.

Defiance Daily Target 2X Long RKLB ETF Company Profile

The Defiance Daily Target 2X Long RKLB ETF (RKLX) is an exchange-traded fund that mostly invests in industrials equity. The fund aims to provide 2x long daily price performance of Rocket Lab USA, Inc shares, less fees and expenses, through the use of swap contracts RKLX was launched on Mar 12, 2025 and is issued by Defiance.