IMC Chicago LLC Buys New Position in Direxion Daily Gold Miners Index Bear 2x Shares $DUST

IMC Chicago LLC bought a new stake in Direxion Daily Gold Miners Index Bear 2x Shares (NYSEARCA:DUST) during the fourth quarter, Holdings Channel.com reports. The fund bought 53,406 shares of the exchange traded fund’s stock, valued at approximately $397,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Group One Trading LLC grew its position in Direxion Daily Gold Miners Index Bear 2x Shares by 104.4% during the second quarter. Group One Trading LLC now owns 1,065 shares of the exchange traded fund’s stock valued at $26,000 after acquiring an additional 544 shares during the last quarter. SBI Securities Co. Ltd. boosted its holdings in shares of Direxion Daily Gold Miners Index Bear 2x Shares by 135.1% during the third quarter. SBI Securities Co. Ltd. now owns 3,346 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 1,923 shares during the period. Bank of America Corp DE bought a new stake in Direxion Daily Gold Miners Index Bear 2x Shares in the second quarter valued at $126,000. Walleye Capital LLC bought a new stake in Direxion Daily Gold Miners Index Bear 2x Shares in the second quarter valued at $235,000. Finally, Romano Brothers AND Company bought a new stake in Direxion Daily Gold Miners Index Bear 2x Shares in the fourth quarter valued at $112,000.

Direxion Daily Gold Miners Index Bear 2x Shares Trading Down 15.1%

NYSEARCA:DUST opened at $47.67 on Thursday. Direxion Daily Gold Miners Index Bear 2x Shares has a twelve month low of $34.60 and a twelve month high of $338.80. The firm’s fifty day simple moving average is $48.78 and its 200 day simple moving average is $67.28.

Direxion Daily Gold Miners Index Bear 2x Shares Profile

The Direxion Daily Gold Miners Index Bear 2X Shares (DUST) is an exchange-traded fund that is based on the NYSE Arca Gold Miners (NTR) index. The fund provides 2x inverse exposure to a market-cap-weighted index of global gold and silver mining firms. DUST was launched on Dec 8, 2010 and is managed by Direxion.