Thurston Springer Miller Herd & Titak Inc. Has $35,000 Stake in Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT)

Thurston Springer Miller Herd & Titak Inc. trimmed its position in Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) by 91.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,000 shares of the exchange traded fund’s stock after selling 10,856 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in Direxion Daily Gold Miners Index Bull 2x Shares were worth $35,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of NUGT. 180 Wealth Advisors LLC grew its position in Direxion Daily Gold Miners Index Bull 2x Shares by 9.9% in the fourth quarter. 180 Wealth Advisors LLC now owns 6,529 shares of the exchange traded fund’s stock valued at $230,000 after acquiring an additional 590 shares during the period. Virtu Financial LLC bought a new stake in Direxion Daily Gold Miners Index Bull 2x Shares in the third quarter valued at $505,000. HighTower Advisors LLC grew its position in Direxion Daily Gold Miners Index Bull 2x Shares by 68.0% in the third quarter. HighTower Advisors LLC now owns 11,378 shares of the exchange traded fund’s stock valued at $564,000 after acquiring an additional 4,605 shares during the period. Finally, IMC Chicago LLC grew its position in Direxion Daily Gold Miners Index Bull 2x Shares by 84.4% in the third quarter. IMC Chicago LLC now owns 42,810 shares of the exchange traded fund’s stock valued at $2,126,000 after acquiring an additional 19,599 shares during the period.

Direxion Daily Gold Miners Index Bull 2x Shares Price Performance

Shares of NYSEARCA:NUGT opened at $41.00 on Friday. The business’s fifty day moving average price is $39.98 and its two-hundred day moving average price is $45.07. Direxion Daily Gold Miners Index Bull 2x Shares has a fifty-two week low of $23.15 and a fifty-two week high of $60.74. The stock has a market capitalization of $600.65 million, a price-to-earnings ratio of 19.80 and a beta of 1.57.

Direxion Daily Gold Miners Index Bull 2x Shares Profile

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.