MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Hits New 52-Week High – What’s Next?

Shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as $407.00 and last traded at $404.99, with a volume of 667766 shares. The stock had previously closed at $345.00.

MicroSectors Gold Miners 3x Leveraged ETN Stock Performance

The firm’s fifty day moving average is $255.31 and its 200-day moving average is $177.60. The company has a market capitalization of $3.73 billion, a P/E ratio of 21.92 and a beta of 2.02.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in MicroSectors Gold Miners 3x Leveraged ETN stock. Gamco Investors INC. ET AL acquired a new stake in shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUFree Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 1,000 shares of the company’s stock, valued at approximately $205,000.

About MicroSectors Gold Miners 3x Leveraged ETN

(Get Free Report)

The MicroSectors Gold Miners 3X Leveraged ETN (GDXU) is an exchange-traded fund that is based on the S-Network MicroSectors Gold Miners index. The fund provides 3x daily leveraged exposure to a market-cap weighted index comprised of two gold miners ETFs. GDXU was launched on Dec 7, 2020 and is issued by REX Microsectors.

Featured Stories

Receive News & Ratings for MicroSectors Gold Miners 3x Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors Gold Miners 3x Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.