FNY Investment Advisers LLC bought a new position in Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT – Free Report) during the second quarter, HoldingsChannel reports. The firm bought 7,500 shares of the exchange traded fund’s stock, valued at approximately $557,000.
A number of other institutional investors and hedge funds have also bought and sold shares of NUGT. Hollencrest Capital Management increased its position in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 640.0% during the 1st quarter. Hollencrest Capital Management now owns 740 shares of the exchange traded fund’s stock valued at $46,000 after purchasing an additional 640 shares during the last quarter. Headlands Technologies LLC purchased a new stake in Direxion Daily Gold Miners Index Bull 2x Shares in the 1st quarter worth about $103,000. Belvedere Trading LLC purchased a new position in Direxion Daily Gold Miners Index Bull 2x Shares during the 1st quarter valued at about $265,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 75.1% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,902 shares of the exchange traded fund’s stock valued at $290,000 after acquiring an additional 1,674 shares during the period. Finally, SBI Securities Co. Ltd. boosted its position in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 4.6% in the first quarter. SBI Securities Co. Ltd. now owns 19,827 shares of the exchange traded fund’s stock valued at $1,232,000 after acquiring an additional 872 shares during the period.
Direxion Daily Gold Miners Index Bull 2x Shares Trading Down 18.8%
Shares of NYSEARCA NUGT opened at $136.39 on Wednesday. The business has a 50-day moving average of $130.36 and a 200-day moving average of $92.71. The firm has a market capitalization of $906.99 million, a price-to-earnings ratio of 22.41 and a beta of 1.98. Direxion Daily Gold Miners Index Bull 2x Shares has a 12 month low of $34.08 and a 12 month high of $189.68.
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.
Recommended Stories
- Five stocks we like better than Direxion Daily Gold Miners Index Bull 2x Shares
- Growth Stocks: What They Are, Examples and How to Invest
- Beware The Death Cross: 3 Stocks Triggering This Spooky Signal
- What is a support level?
- 2 Ways to Trade Qualcomm Ahead of November’s Earnings
- Growth Stocks: What They Are, What They Are Not
- Lululemon: 2 Signs the Bottom Is In, and 1 Sign It Isn’t
Want to see what other hedge funds are holding NUGT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT – Free Report).
Receive News & Ratings for Direxion Daily Gold Miners Index Bull 2x Shares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Direxion Daily Gold Miners Index Bull 2x Shares and related companies with MarketBeat.com's FREE daily email newsletter.