Group One Trading LLC Has $41,000 Position in Direxion Daily Gold Miners Index Bull 2x Shares $NUGT

Group One Trading LLC cut its stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) by 95.8% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 218 shares of the exchange traded fund’s stock after selling 4,954 shares during the period. Group One Trading LLC’s holdings in Direxion Daily Gold Miners Index Bull 2x Shares were worth $41,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in NUGT. Qube Research & Technologies Ltd purchased a new stake in Direxion Daily Gold Miners Index Bull 2x Shares in the 2nd quarter worth approximately $990,000. Raymond James Financial Inc. purchased a new position in shares of Direxion Daily Gold Miners Index Bull 2x Shares during the 2nd quarter valued at $71,000. Tower Research Capital LLC TRC grew its holdings in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 473.9% during the 2nd quarter. Tower Research Capital LLC TRC now owns 878 shares of the exchange traded fund’s stock valued at $65,000 after acquiring an additional 725 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 40.5% in the third quarter. JPMorgan Chase & Co. now owns 2,676 shares of the exchange traded fund’s stock worth $413,000 after acquiring an additional 771 shares during the last quarter. Finally, CreativeOne Wealth LLC acquired a new position in shares of Direxion Daily Gold Miners Index Bull 2x Shares in the third quarter worth $258,000.

Direxion Daily Gold Miners Index Bull 2x Shares Trading Down 4.7%

Shares of NYSEARCA:NUGT opened at $113.89 on Friday. The firm has a market cap of $859.87 million, a price-to-earnings ratio of 22.41 and a beta of 1.25. Direxion Daily Gold Miners Index Bull 2x Shares has a 1 year low of $71.60 and a 1 year high of $320.79. The business has a fifty day simple moving average of $134.15 and a 200 day simple moving average of $191.10.

Direxion Daily Gold Miners Index Bull 2x Shares Profile

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.