Headlands Technologies LLC Takes $136,000 Position in Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT)

Headlands Technologies LLC purchased a new stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 3,898 shares of the exchange traded fund’s stock, valued at approximately $136,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. 180 Wealth Advisors LLC purchased a new position in Direxion Daily Gold Miners Index Bull 2x Shares in the fourth quarter worth $215,000. U S Global Investors Inc. bought a new stake in Direxion Daily Gold Miners Index Bull 2x Shares in the fourth quarter worth about $316,000. B. Riley Wealth Advisors Inc. increased its stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 24.9% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 63,856 shares of the exchange traded fund’s stock worth $1,704,000 after purchasing an additional 12,750 shares during the last quarter. E Fund Management Co. Ltd. purchased a new position in Direxion Daily Gold Miners Index Bull 2x Shares in the third quarter valued at approximately $517,000. Finally, Banque Cantonale Vaudoise purchased a new position in shares of Direxion Daily Gold Miners Index Bull 2x Shares during the 3rd quarter valued at $43,000.

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

Direxion Daily Gold Miners Index Bull 2x Shares stock opened at $40.98 on Tuesday. Direxion Daily Gold Miners Index Bull 2x Shares has a 1-year low of $23.15 and a 1-year high of $51.89. The firm has a market capitalization of $647.48 million, a price-to-earnings ratio of 20.74 and a beta of 1.57. The firm has a 50 day simple moving average of $32.65 and a 200 day simple moving average of $31.35.

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.