MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Shares Gap Down – Here’s What Happened

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $114.28, but opened at $107.61. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $109.42, with a volume of 281,967 shares trading hands.

MicroSectors Gold Miners 3x Leveraged ETN Trading Down 4.5%

The stock has a market capitalization of $927.69 million, a PE ratio of 21.92 and a beta of 1.79. The stock has a 50 day moving average price of $170.98 and a 200-day moving average price of $251.01.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in MicroSectors Gold Miners 3x Leveraged ETN stock. Jump Financial LLC purchased a new stake in shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUFree Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 20,597 shares of the company’s stock, valued at approximately $5,019,000. Jump Financial LLC owned about 0.24% of MicroSectors Gold Miners 3x Leveraged ETN as of its most recent SEC filing.

About MicroSectors Gold Miners 3x Leveraged ETN

(Get Free Report)

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.

See Also

Receive News & Ratings for MicroSectors Gold Miners 3x Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors Gold Miners 3x Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.