180 Wealth Advisors LLC lessened its stake in Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT – Free Report) by 35.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,361 shares of the exchange traded fund’s stock after selling 2,381 shares during the period. 180 Wealth Advisors LLC owned about 0.05% of Direxion Daily Gold Miners Index Bull 2x Shares worth $324,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. SBI Securities Co. Ltd. raised its position in Direxion Daily Gold Miners Index Bull 2x Shares by 4.6% in the first quarter. SBI Securities Co. Ltd. now owns 19,827 shares of the exchange traded fund’s stock worth $1,232,000 after purchasing an additional 872 shares in the last quarter. Hollencrest Capital Management raised its position in Direxion Daily Gold Miners Index Bull 2x Shares by 640.0% in the first quarter. Hollencrest Capital Management now owns 740 shares of the exchange traded fund’s stock worth $46,000 after purchasing an additional 640 shares in the last quarter. Headlands Technologies LLC acquired a new position in Direxion Daily Gold Miners Index Bull 2x Shares in the first quarter worth about $103,000. Belvedere Trading LLC acquired a new position in Direxion Daily Gold Miners Index Bull 2x Shares in the first quarter worth about $265,000. Finally, Virtu Financial LLC acquired a new position in Direxion Daily Gold Miners Index Bull 2x Shares in the first quarter worth about $1,340,000.
Direxion Daily Gold Miners Index Bull 2x Shares Stock Down 2.6%
NYSEARCA:NUGT opened at $136.32 on Friday. Direxion Daily Gold Miners Index Bull 2x Shares has a 12-month low of $34.08 and a 12-month high of $189.68. The firm has a market capitalization of $1.00 billion, a PE ratio of 22.41 and a beta of 1.98. The firm has a 50-day moving average price of $133.18 and a 200 day moving average price of $94.53.
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.
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