SBI Securities Co. Ltd. Takes $666,000 Position in Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT)

SBI Securities Co. Ltd. acquired a new stake in Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 18,955 shares of the exchange traded fund’s stock, valued at approximately $666,000. SBI Securities Co. Ltd. owned 0.13% of Direxion Daily Gold Miners Index Bull 2x Shares at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. 180 Wealth Advisors LLC boosted its holdings in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 9.9% in the fourth quarter. 180 Wealth Advisors LLC now owns 6,529 shares of the exchange traded fund’s stock valued at $230,000 after acquiring an additional 590 shares during the period. Virtu Financial LLC purchased a new stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares during the third quarter worth approximately $505,000. PFG Investments LLC purchased a new stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares during the fourth quarter worth approximately $364,000. HighTower Advisors LLC raised its stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 68.0% during the third quarter. HighTower Advisors LLC now owns 11,378 shares of the exchange traded fund’s stock worth $564,000 after purchasing an additional 4,605 shares during the last quarter. Finally, IMC Chicago LLC raised its stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 182.7% during the fourth quarter. IMC Chicago LLC now owns 121,040 shares of the exchange traded fund’s stock worth $4,256,000 after purchasing an additional 78,230 shares during the last quarter.

Direxion Daily Gold Miners Index Bull 2x Shares Price Performance

Direxion Daily Gold Miners Index Bull 2x Shares stock opened at $47.03 on Tuesday. Direxion Daily Gold Miners Index Bull 2x Shares has a 12 month low of $26.85 and a 12 month high of $60.74. The business has a 50 day simple moving average of $43.92 and a 200-day simple moving average of $45.97. The stock has a market capitalization of $519.68 million, a PE ratio of 24.22 and a beta of 2.39.

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.