Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLX) Shares Gap Up – Here’s Why

Shares of Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLXGet Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $93.32, but opened at $102.03. Defiance Daily Target 2X Long RKLB ETF shares last traded at $102.41, with a volume of 909,480 shares.

Defiance Daily Target 2X Long RKLB ETF Trading Up 11.8%

The company’s fifty day moving average price is $45.46 and its two-hundred day moving average price is $41.28.

Institutional Trading of 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 bought a new position in shares of Defiance Daily Target 2X Long RKLB ETF (NASDAQ:RKLXFree Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 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.

Further Reading

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