Shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $157.49, but opened at $167.47. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $165.90, with a volume of 486,728 shares.
MicroSectors Gold Miners 3x Leveraged ETN Trading Down 10.5%
The firm has a market capitalization of $1.23 billion, a PE ratio of 21.92 and a beta of 2.11. The firm has a 50-day moving average of $119.52 and a two-hundred day moving average of $170.97.
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. Jump Financial LLC bought a new position in shares of MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 20,597 shares of the company’s stock, valued at approximately $5,019,000. Jump Financial LLC owned approximately 0.24% of MicroSectors Gold Miners 3x Leveraged ETN as of its most recent filing with the Securities and Exchange Commission.
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.
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