Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) Shares Gap Up to $49.64

Shares of Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGTGet Free Report) gapped up prior to trading on Friday . The stock had previously closed at $49.64, but opened at $51.04. Direxion Daily Gold Miners Index Bull 2x Shares shares last traded at $50.84, with a volume of 225,160 shares trading hands.

Direxion Daily Gold Miners Index Bull 2x Shares Stock Up 2.1 %

The stock’s 50 day moving average is $45.73 and its two-hundred day moving average is $40.61. The company has a market capitalization of $742.17 million, a PE ratio of 19.80 and a beta of 1.57.

Hedge Funds Weigh In On Direxion Daily Gold Miners Index Bull 2x Shares

A number of large investors have recently bought and sold shares of the business. 180 Wealth Advisors LLC lifted its position in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 12.5% during the first quarter. 180 Wealth Advisors LLC now owns 7,123 shares of the exchange traded fund’s stock valued at $245,000 after buying an additional 792 shares during the last quarter. Quadrature Capital Ltd purchased a new stake in Direxion Daily Gold Miners Index Bull 2x Shares during the first quarter valued at approximately $856,000. Headlands Technologies LLC acquired a new stake in Direxion Daily Gold Miners Index Bull 2x Shares in the second quarter valued at approximately $195,000. Fore Capital LLC purchased a new position in Direxion Daily Gold Miners Index Bull 2x Shares in the second quarter worth $1,691,000. Finally, PNC Financial Services Group Inc. acquired a new position in shares of Direxion Daily Gold Miners Index Bull 2x Shares during the fourth quarter worth $49,000.

About Direxion Daily Gold Miners Index Bull 2x Shares

(Get Free Report)

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.

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