Shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) saw unusually-high trading volume on Thursday . Approximately 1,129,146 shares traded hands during trading, a decline of 2% from the previous session’s volume of 1,148,599 shares.The stock last traded at $122.38 and had previously closed at $122.95.
MicroSectors Gold Miners 3x Leveraged ETN Stock Down 8.9%
The firm’s 50-day simple moving average is $175.65 and its 200 day simple moving average is $252.52. The stock has a market capitalization of $952 million, a P/E ratio of 21.92 and a beta of 1.79.
Hedge Funds Weigh In On MicroSectors Gold Miners 3x Leveraged ETN
A hedge fund recently bought a new stake in MicroSectors Gold Miners 3x Leveraged ETN stock. Gamco Investors INC. ET AL bought a new stake in shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 1,000 shares of the company’s stock, valued at approximately $205,000.
About MicroSectors Gold Miners 3x Leveraged ETN
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 Articles
- Five stocks we like better than MicroSectors Gold Miners 3x Leveraged ETN
- Jabil Just Gave Investors a Stronger Reason to Buy the Dip
- CarMax In Reverse? Why You Should Buy Now Before the Big Catalysts Emerge
- Can Trupanion Turn Pet Insurance Loyalty Into Real Earnings?
- 3 Space ETFs for a Timely Investment
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.
