Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSEARCA:JNUG) Shares Gap Down – Here’s What Happened

Shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSEARCA:JNUGGet Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $193.43, but opened at $179.20. Direxion Daily Junior Gold Miners Index Bull 2X Shares shares last traded at $187.21, with a volume of 100,938 shares.

Direxion Daily Junior Gold Miners Index Bull 2X Shares Price Performance

The firm has a 50-day moving average price of $143.13 and a 200 day moving average price of $187.25. The company has a market cap of $585.41 million, a price-to-earnings ratio of 27.33 and a beta of 1.64.

Institutional Investors Weigh In On Direxion Daily Junior Gold Miners Index Bull 2X Shares

A number of institutional investors have recently modified their holdings of JNUG. IMC Chicago LLC increased its position in Direxion Daily Junior Gold Miners Index Bull 2X Shares by 89.2% during the first quarter. IMC Chicago LLC now owns 20,530 shares of the exchange traded fund’s stock worth $4,089,000 after acquiring an additional 9,681 shares during the period. Virtu Financial LLC raised its stake in Direxion Daily Junior Gold Miners Index Bull 2X Shares by 18.1% in the 4th quarter. Virtu Financial LLC now owns 38,572 shares of the exchange traded fund’s stock worth $7,967,000 after purchasing an additional 5,915 shares in the last quarter. Caitlin John LLC bought a new stake in Direxion Daily Junior Gold Miners Index Bull 2X Shares in the 4th quarter valued at about $33,000. Client First Investment Management LLC grew its position in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares by 15.4% during the 4th quarter. Client First Investment Management LLC now owns 26,392 shares of the exchange traded fund’s stock worth $5,451,000 after purchasing an additional 3,519 shares in the last quarter. Finally, SBI Securities Co. Ltd. grew its position in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares by 122.2% during the 4th quarter. SBI Securities Co. Ltd. now owns 1,271 shares of the exchange traded fund’s stock worth $263,000 after purchasing an additional 699 shares in the last quarter.

About Direxion Daily Junior Gold Miners Index Bull 2X Shares

(Get Free Report)

The Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG) is an exchange-traded fund that is based on the MVIS Global Junior Gold Miners index. The fund provides daily 2x exposure to an index of junior gold and silver mining companies from developed as well as emerging markets. JNUG was launched on Oct 3, 2013 and is managed by Direxion.

Further Reading

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