Headlands Technologies LLC Acquires Shares of 10,958 Direxion Daily Gold Miners Index Bull 2x Shares $NUGT

Headlands Technologies LLC bought a new stake in Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 10,958 shares of the exchange traded fund’s stock, valued at approximately $1,282,000. Headlands Technologies LLC owned 0.14% of Direxion Daily Gold Miners Index Bull 2x Shares as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of NUGT. Revere Asset Management Inc purchased a new position in Direxion Daily Gold Miners Index Bull 2x Shares in the 4th quarter valued at about $1,302,000. Millennium Capital Advisors LLC acquired a new position in shares of Direxion Daily Gold Miners Index Bull 2x Shares during the fourth quarter valued at approximately $608,000. Virtu Financial LLC lifted its position in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 548.5% in the fourth quarter. Virtu Financial LLC now owns 35,648 shares of the exchange traded fund’s stock valued at $6,554,000 after acquiring an additional 30,151 shares in the last quarter. Crosspoint Financial LLC purchased a new position in shares of Direxion Daily Gold Miners Index Bull 2x Shares in the fourth quarter valued at approximately $367,000. Finally, Jump Financial LLC boosted its stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 173.3% in the fourth quarter. Jump Financial LLC now owns 20,651 shares of the exchange traded fund’s stock worth $3,797,000 after acquiring an additional 13,095 shares during the last quarter.

Direxion Daily Gold Miners Index Bull 2x Shares Stock Performance

Shares of NUGT opened at $189.73 on Tuesday. The stock has a 50 day moving average price of $139.52 and a 200 day moving average price of $175.65. Direxion Daily Gold Miners Index Bull 2x Shares has a one year low of $98.81 and a one year high of $320.79. The stock has a market capitalization of $1.45 billion, a price-to-earnings ratio of 22.41 and a beta of 1.25.

Direxion Daily Gold Miners Index Bull 2x Shares Company Profile

The Direxion Daily Gold Miners Index Bull 2X Shares (NUGT) is an exchange-traded fund that is based on the NYSE Arca Gold Miners (NTR) index. The fund provides 2x leveraged exposure to a market-cap-weighted index of global gold and silver mining firms. NUGT was launched on Dec 8, 2010 and is managed by Direxion.