Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) Sets New 52-Week High at $53.14

Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGTGet Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $53.14 and last traded at $53.07, with a volume of 521743 shares traded. The stock had previously closed at $51.16.

Direxion Daily Gold Miners Index Bull 2x Shares Stock Up 1.7 %

The business’s fifty day moving average price is $45.81 and its 200 day moving average price is $40.93. The firm has a market capitalization of $762.24 million, a PE ratio of 19.80 and a beta of 1.57.

Institutional Trading of Direxion Daily Gold Miners Index Bull 2x Shares

Hedge funds and other institutional investors have recently made changes to their positions in the company. Pineridge Advisors LLC purchased a new stake in Direxion Daily Gold Miners Index Bull 2x Shares during the first quarter worth about $5,410,000. Simplex Trading LLC lifted its stake in Direxion Daily Gold Miners Index Bull 2x Shares by 192.8% in the 1st quarter. Simplex Trading LLC now owns 93,119 shares of the exchange traded fund’s stock valued at $3,198,000 after buying an additional 61,320 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in Direxion Daily Gold Miners Index Bull 2x Shares during the 1st quarter valued at $2,193,000. Fore Capital LLC purchased a new position in Direxion Daily Gold Miners Index Bull 2x Shares during the second quarter worth $1,691,000. Finally, Quadrature Capital Ltd purchased a new stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares in the first quarter valued at $856,000.

About Direxion Daily Gold Miners Index Bull 2x Shares

(Get Free Report)

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.

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