Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLX) Shares Gap Up – Here’s Why

Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLXGet Free Report)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $93.32, but opened at $102.03. Defiance Daily Target 2X Long RKLB ETF shares last traded at $102.41, with a volume of 909,480 shares traded.

Defiance Daily Target 2X Long RKLB ETF Stock Up 11.8%

The stock’s fifty day simple moving average is $45.46 and its 200-day simple moving average is $41.28.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Defiance Daily Target 2X Long RKLB ETF stock. Hollencrest Capital Management acquired a new position in shares of Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLXFree Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 645 shares of the company’s stock, valued at approximately $26,000.

Defiance Daily Target 2X Long RKLB ETF Company Profile

(Get Free Report)

The Defiance Daily Target 2X Long RKLB ETF (RKLX) is an exchange-traded fund that mostly invests in industrials equity. The fund aims to provide 2x long daily price performance of Rocket Lab USA, Inc shares, less fees and expenses, through the use of swap contracts RKLX was launched on Mar 12, 2025 and is issued by Defiance.

Further Reading

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