Client First Investment Management LLC Sells 44,993 Shares of Direxion Daily Gold Miners Index Bull 2x Shares $NUGT

Client First Investment Management LLC lowered its stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) by 90.0% during the fourth quarter, HoldingsChannel reports. The fund owned 4,987 shares of the exchange traded fund’s stock after selling 44,993 shares during the quarter. Direxion Daily Gold Miners Index Bull 2x Shares makes up about 0.5% of Client First Investment Management LLC’s portfolio, making the stock its 18th biggest holding. Client First Investment Management LLC’s holdings in Direxion Daily Gold Miners Index Bull 2x Shares were worth $917,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. FNY Investment Advisers LLC increased its holdings in Direxion Daily Gold Miners Index Bull 2x Shares by 60.0% in the 3rd quarter. FNY Investment Advisers LLC now owns 12,000 shares of the exchange traded fund’s stock valued at $1,853,000 after buying an additional 4,500 shares during the period. IMC Chicago LLC bought a new stake in Direxion Daily Gold Miners Index Bull 2x Shares in the 3rd quarter valued at $10,013,000. Optiver Holding B.V. bought a new stake in Direxion Daily Gold Miners Index Bull 2x Shares in the 3rd quarter valued at $339,000. Revere Asset Management Inc bought a new stake in Direxion Daily Gold Miners Index Bull 2x Shares in the 4th quarter valued at $1,302,000. Finally, Millennium Capital Advisors LLC bought a new stake in Direxion Daily Gold Miners Index Bull 2x Shares in the 4th quarter valued at $608,000.

Direxion Daily Gold Miners Index Bull 2x Shares Price Performance

Shares of Direxion Daily Gold Miners Index Bull 2x Shares stock opened at $156.31 on Thursday. The firm has a market capitalization of $914.41 million, a PE ratio of 22.41 and a beta of 1.18. The company’s fifty day moving average price is $184.30 and its two-hundred day moving average price is $203.06. Direxion Daily Gold Miners Index Bull 2x Shares has a 52-week low of $68.93 and a 52-week high of $320.79.

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.