Defiance Daily Target 2X Long IONQ ETF (NASDAQ:IONX) Shares Down 4.1% – What’s Next?

Defiance Daily Target 2X Long IONQ ETF (NASDAQ:IONX) was down 4.1% on Friday . The stock traded as low as $25.78 and last traded at $25.91. Approximately 2,019,227 shares changed hands during trading, a decline of 2% from the average daily volume of 2,067,566 shares. The stock had previously closed at $27.02.

Defiance Daily Target 2X Long IONQ ETF Stock Performance

The stock’s 50 day moving average is $29.55 and its 200-day moving average is $39.84.

Institutional Trading of Defiance Daily Target 2X Long IONQ ETF

An institutional investor recently bought a new position in Defiance Daily Target 2X Long IONQ ETF stock. Flow Traders U.S. LLC bought a new position in shares of Defiance Daily Target 2X Long IONQ ETF (NASDAQ:IONX) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 3,857 shares of the company’s stock, valued at approximately $270,000. Flow Traders U.S. LLC owned approximately 0.26% of Defiance Daily Target 2X Long IONQ ETF at the end of the most recent reporting period.

Defiance Daily Target 2X Long IONQ ETF Company Profile

The Defiance Daily Target 2X Long IONQ ETF (IONX) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to deliver 2x leveraged exposure to the daily share price movement of IonQ, Inc (IONQ), less fees and expenses, through derivatives like swap agreements IONX was launched on Mar 11, 2025 and is issued by Defiance.