IMC Chicago LLC Sells 14,474 Shares of Direxion Daily Gold Miners Index Bull 2x Shares $NUGT

IMC Chicago LLC lowered its position in shares of Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) by 25.1% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 43,261 shares of the exchange traded fund’s stock after selling 14,474 shares during the quarter. IMC Chicago LLC owned approximately 0.74% of Direxion Daily Gold Miners Index Bull 2x Shares worth $8,144,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Virtu Financial LLC grew its stake in Direxion Daily Gold Miners Index Bull 2x Shares by 548.5% during the fourth quarter. Virtu Financial LLC now owns 35,648 shares of the exchange traded fund’s stock worth $6,554,000 after buying an additional 30,151 shares during the last quarter. HRT Financial LP increased its holdings in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 379.8% during the fourth quarter. HRT Financial LP now owns 34,629 shares of the exchange traded fund’s stock worth $6,366,000 after buying an additional 27,411 shares in the last quarter. Qube Research & Technologies Ltd bought a new position in shares of Direxion Daily Gold Miners Index Bull 2x Shares in the second quarter valued at approximately $990,000. Jump Financial LLC raised its stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 173.3% in the fourth quarter. Jump Financial LLC now owns 20,651 shares of the exchange traded fund’s stock valued at $3,797,000 after acquiring an additional 13,095 shares during the last quarter. Finally, UBS Group AG boosted its holdings in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 873.8% in the 3rd quarter. UBS Group AG now owns 9,738 shares of the exchange traded fund’s stock worth $1,504,000 after acquiring an additional 8,738 shares in the last quarter.

Direxion Daily Gold Miners Index Bull 2x Shares Price Performance

Shares of NUGT opened at $111.77 on Thursday. The company has a market capitalization of $838.27 million, a P/E ratio of 22.41 and a beta of 1.25. Direxion Daily Gold Miners Index Bull 2x Shares has a one year low of $69.48 and a one year high of $320.79. The business’s 50 day simple moving average is $144.67 and its 200-day simple moving average is $194.48.

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.