Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) Shares Gap Up to $38.39

Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $38.39, but opened at $39.55. Direxion Daily Gold Miners Index Bull 2x Shares shares last traded at $38.77, with a volume of 543,173 shares changing hands.

Direxion Daily Gold Miners Index Bull 2x Shares Stock Up 1.1 %

The company has a fifty day simple moving average of $30.81 and a 200-day simple moving average of $30.73. The firm has a market cap of $613.20 million, a P/E ratio of 20.74 and a beta of 1.57.

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

Several large investors have recently made changes to their positions in the business. Centric Wealth Management purchased a new position in shares of Direxion Daily Gold Miners Index Bull 2x Shares in the third quarter valued at about $3,735,000. Jane Street Group LLC lifted its position in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 138.8% in the first quarter. Jane Street Group LLC now owns 104,075 shares of the exchange traded fund’s stock worth $4,364,000 after buying an additional 60,486 shares in the last quarter. Simplex Trading LLC lifted its position in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 326.4% in the third quarter. Simplex Trading LLC now owns 94,949 shares of the exchange traded fund’s stock worth $2,533,000 after buying an additional 72,682 shares in the last quarter. IMC Chicago LLC lifted its position in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 33.5% in the fourth quarter. IMC Chicago LLC now owns 79,207 shares of the exchange traded fund’s stock worth $2,755,000 after buying an additional 19,879 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. lifted its position in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 24.9% in the third quarter. B. Riley Wealth Advisors Inc. now owns 63,856 shares of the exchange traded fund’s stock worth $1,704,000 after buying an additional 12,750 shares in the last quarter.

Direxion Daily Gold Miners Index Bull 2x Shares Company 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.