Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLX) Hits New 1-Year High – Should You Buy?

Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLXGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $98.58 and last traded at $96.50, with a volume of 2415846 shares. The stock had previously closed at $80.33.

Defiance Daily Target 2X Long RKLB ETF Trading Up 16.2%

The stock has a fifty day moving average price of $44.23 and a 200-day moving average price of $40.89.

Hedge Funds Weigh In On Defiance Daily Target 2X Long RKLB ETF

A hedge fund recently bought a new stake in Defiance Daily Target 2X Long RKLB ETF stock. Hollencrest Capital Management purchased a new position in Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLXFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 645 shares of the company’s stock, valued at approximately $26,000.

About Defiance Daily Target 2X Long RKLB ETF

(Get Free Report)

The Defiance Daily Target 2X Long RKLB ETF (RKLX) is an exchange-traded fund that mostly invests in industrials equity. The fund aims to provide 2x long daily price performance of Rocket Lab USA, Inc shares, less fees and expenses, through the use of swap contracts RKLX was launched on Mar 12, 2025 and is issued by Defiance.

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