Tower Research Capital LLC TRC Trims Stake in Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT)

Tower Research Capital LLC TRC reduced its position in shares of Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) by 23.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,508 shares of the exchange traded fund’s stock after selling 453 shares during the quarter. Tower Research Capital LLC TRC’s holdings in Direxion Daily Gold Miners Index Bull 2x Shares were worth $52,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Commonwealth Equity Services LLC purchased a new position in shares of Direxion Daily Gold Miners Index Bull 2x Shares in the 3rd quarter valued at $400,000. Seaview Investment Managers LLC purchased a new position in shares of Direxion Daily Gold Miners Index Bull 2x Shares in the 3rd quarter valued at $247,000. Simplex Trading LLC increased its holdings in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 326.4% in the 3rd quarter. Simplex Trading LLC now owns 94,949 shares of the exchange traded fund’s stock valued at $2,533,000 after acquiring an additional 72,682 shares during the period. Centric Wealth Management purchased a new position in shares of Direxion Daily Gold Miners Index Bull 2x Shares in the 3rd quarter valued at $3,735,000. Finally, Banque Cantonale Vaudoise purchased a new position in shares of Direxion Daily Gold Miners Index Bull 2x Shares in the 3rd quarter valued at $43,000.

Direxion Daily Gold Miners Index Bull 2x Shares Stock Performance

NUGT stock traded down $3.87 on Tuesday, hitting $37.09. 2,865,985 shares of the company’s stock were exchanged, compared to its average volume of 2,865,748. Direxion Daily Gold Miners Index Bull 2x Shares has a 12-month low of $23.15 and a 12-month high of $51.89. The firm has a 50 day moving average price of $32.96 and a two-hundred day moving average price of $31.44. The stock has a market cap of $586.02 million, a P/E ratio of 20.74 and a beta of 1.57.

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.