HighTower Advisors LLC Acquires 4,605 Shares of Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT)

HighTower Advisors LLC grew its stake in Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) by 68.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,378 shares of the exchange traded fund’s stock after acquiring an additional 4,605 shares during the quarter. HighTower Advisors LLC owned 0.08% of Direxion Daily Gold Miners Index Bull 2x Shares worth $564,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Headlands Technologies LLC bought a new stake in Direxion Daily Gold Miners Index Bull 2x Shares in the 2nd quarter worth about $195,000. Harbour Investments Inc. raised its stake in Direxion Daily Gold Miners Index Bull 2x Shares by 27.5% during the 2nd quarter. Harbour Investments Inc. now owns 7,462 shares of the exchange traded fund’s stock valued at $280,000 after buying an additional 1,608 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 40.4% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 11,856 shares of the exchange traded fund’s stock worth $589,000 after acquiring an additional 3,409 shares during the period. Fore Capital LLC bought a new position in Direxion Daily Gold Miners Index Bull 2x Shares in the second quarter valued at about $1,691,000. Finally, IMC Chicago LLC increased its position in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 84.4% during the 3rd quarter. IMC Chicago LLC now owns 42,810 shares of the exchange traded fund’s stock valued at $2,126,000 after purchasing an additional 19,599 shares during the last quarter.

Direxion Daily Gold Miners Index Bull 2x Shares Stock Performance

Shares of Direxion Daily Gold Miners Index Bull 2x Shares stock opened at $36.32 on Friday. The stock’s fifty day moving average is $46.23 and its 200 day moving average is $45.11. Direxion Daily Gold Miners Index Bull 2x Shares has a one year low of $23.15 and a one year high of $60.74. The stock has a market cap of $532.09 million, a P/E ratio of 19.80 and a beta of 1.57.

About Direxion Daily Gold Miners Index Bull 2x Shares

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.