Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSEARCA:JNUG – Get Free Report) shares fell 10.2% during trading on Friday . The stock traded as low as $193.20 and last traded at $193.25. Approximately 368,435 shares were traded during mid-day trading, an increase of 22% from the average session volume of 301,134 shares. The stock had previously closed at $215.14.
Direxion Daily Junior Gold Miners Index Bull 2X Shares Price Performance
The business has a 50-day moving average of $142.12 and a two-hundred day moving average of $188.50. The company has a market cap of $625.08 million, a P/E ratio of 27.33 and a beta of 1.64.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the company. Qube Research & Technologies Ltd raised its stake in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares by 693.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 7,253 shares of the exchange traded fund’s stock worth $576,000 after acquiring an additional 6,339 shares in the last quarter. Headlands Technologies LLC boosted its stake in Direxion Daily Junior Gold Miners Index Bull 2X Shares by 8,942.9% in the second quarter. Headlands Technologies LLC now owns 2,532 shares of the exchange traded fund’s stock valued at $201,000 after acquiring an additional 2,504 shares in the last quarter. JPMorgan Chase & Co. purchased a new position in Direxion Daily Junior Gold Miners Index Bull 2X Shares in the third quarter worth $973,000. Jump Financial LLC purchased a new position in Direxion Daily Junior Gold Miners Index Bull 2X Shares in the third quarter worth $5,097,000. Finally, SBI Securities Co. Ltd. grew its holdings in Direxion Daily Junior Gold Miners Index Bull 2X Shares by 122.2% in the fourth 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 during the last quarter.
About Direxion Daily Junior Gold Miners Index Bull 2X Shares
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.
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