International Assets Investment Management LLC Invests $911,000 in Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSEARCA:JNUG)

International Assets Investment Management LLC acquired a new stake in Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSEARCA:JNUG) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 19,292 shares of the exchange traded fund’s stock, valued at approximately $911,000. International Assets Investment Management LLC owned about 0.25% of Direxion Daily Junior Gold Miners Index Bull 2X Shares as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. PFG Investments LLC bought a new position in Direxion Daily Junior Gold Miners Index Bull 2X Shares in the second quarter valued at approximately $224,000. Ballew Advisors Inc raised its holdings in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares by 7.7% in the 2nd quarter. Ballew Advisors Inc now owns 8,616 shares of the exchange traded fund’s stock worth $321,000 after acquiring an additional 617 shares during the last quarter. Quadrature Capital Ltd bought a new stake in Direxion Daily Junior Gold Miners Index Bull 2X Shares in the 1st quarter worth about $553,000. Virtu Financial LLC bought a new position in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares during the 2nd quarter valued at approximately $1,354,000. Finally, Pineridge Advisors LLC bought a new position in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares during the 1st quarter valued at approximately $2,074,000.

Direxion Daily Junior Gold Miners Index Bull 2X Shares Trading Down 0.9 %

JNUG opened at $50.20 on Tuesday. The company has a 50 day moving average of $48.04 and a 200 day moving average of $43.47. The company has a market cap of $393.57 million, a PE ratio of 22.18 and a beta of 1.90. Direxion Daily Junior Gold Miners Index Bull 2X Shares has a 12 month low of $21.92 and a 12 month high of $60.66.

Direxion Daily Junior Gold Miners Index Bull 2X Shares 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.