MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Stock Price Down 3.8%

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) shares traded down 3.8% during mid-day trading on Thursday . The stock traded as low as $10.46 and last traded at $10.49. 328,825 shares changed hands during mid-day trading, a decline of 32% from the average session volume of 485,858 shares. The stock had previously closed at $10.90.

The company’s 50 day moving average price is $11.26 and its 200-day moving average price is $12.29.

An institutional investor recently bought a new position in MicroSectors Gold Miners 3x Leveraged ETN stock. OLD Mission Capital LLC acquired a new position in MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 48,692 shares of the company’s stock, valued at approximately $442,000. OLD Mission Capital LLC owned about 1.22% of MicroSectors Gold Miners 3x Leveraged ETN at the end of the most recent reporting period.

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