FNY Investment Advisers LLC Raises Stake in Direxion Daily Gold Miners Index Bull 2x Shares $NUGT

FNY Investment Advisers LLC increased its stake in Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) by 60.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,000 shares of the exchange traded fund’s stock after buying an additional 4,500 shares during the period. FNY Investment Advisers LLC owned 0.15% of Direxion Daily Gold Miners Index Bull 2x Shares worth $1,853,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in NUGT. Tower Research Capital LLC TRC grew its stake in Direxion Daily Gold Miners Index Bull 2x Shares by 473.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 878 shares of the exchange traded fund’s stock worth $65,000 after acquiring an additional 725 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares in the second quarter valued at approximately $71,000. Caitlin John LLC bought a new position in Direxion Daily Gold Miners Index Bull 2x Shares in the third quarter worth approximately $164,000. PFG Investments LLC bought a new position in Direxion Daily Gold Miners Index Bull 2x Shares in the third quarter worth approximately $232,000. Finally, CreativeOne Wealth LLC purchased a new position in Direxion Daily Gold Miners Index Bull 2x Shares during the 3rd quarter worth $258,000.

Direxion Daily Gold Miners Index Bull 2x Shares Stock Down 12.4%

Shares of NYSEARCA NUGT opened at $177.32 on Thursday. The business has a fifty day simple moving average of $248.23 and a two-hundred day simple moving average of $187.75. The firm has a market cap of $984.13 million, a PE ratio of 22.41 and a beta of 1.08. Direxion Daily Gold Miners Index Bull 2x Shares has a twelve month low of $47.11 and a twelve month high of $320.79.

About Direxion Daily Gold Miners Index Bull 2x Shares

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.