Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSEARCA:JNUG) Shares Gap Up – What’s Next?

Shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSEARCA:JNUG) gapped up before the market opened on Tuesday . The stock had previously closed at $207.85, but opened at $218.99. Direxion Daily Junior Gold Miners Index Bull 2X Shares shares last traded at $215.1530, with a volume of 120,759 shares trading hands.

Direxion Daily Junior Gold Miners Index Bull 2X Shares Stock Performance

The stock has a market capitalization of $730.77 million, a P/E ratio of 27.33 and a beta of 1.45. The firm has a fifty day moving average price of $169.88 and a two-hundred day moving average price of $131.26.

Institutional Trading of Direxion Daily Junior Gold Miners Index Bull 2X Shares

Large investors have recently added to or reduced their stakes in the company. ORG Partners LLC raised its position in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares by 405.2% during the 2nd quarter. ORG Partners LLC now owns 1,263 shares of the exchange traded fund’s stock valued at $100,000 after buying an additional 1,013 shares in the last quarter. Headlands Technologies LLC grew its stake in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares by 8,942.9% during the second quarter. Headlands Technologies LLC now owns 2,532 shares of the exchange traded fund’s stock valued at $201,000 after buying an additional 2,504 shares during the last quarter. Optiver Holding B.V. purchased a new position in Direxion Daily Junior Gold Miners Index Bull 2X Shares during the 3rd quarter valued at $579,000. Walleye Trading LLC bought a new stake in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares during the first quarter worth $255,000. Finally, HighTower Advisors LLC bought a new position in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares in the first quarter worth about $274,000.

Direxion Daily Junior Gold Miners Index Bull 2X Shares Company Profile

The Direxion Daily Junior Gold Miners Index Bull 2X Shares (JNUG) is an exchange-traded fund that is based on the MVIS Global Junior Gold Miners index. The fund provides daily 2x exposure to an index of junior gold and silver mining companies from developed as well as emerging markets. JNUG was launched on Oct 3, 2013 and is managed by Direxion.