Virtu Financial LLC Buys 30,151 Shares of Direxion Daily Gold Miners Index Bull 2x Shares $NUGT

Virtu Financial LLC grew its stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) by 548.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 35,648 shares of the exchange traded fund’s stock after buying an additional 30,151 shares during the period. Direxion Daily Gold Miners Index Bull 2x Shares comprises 0.3% of Virtu Financial LLC’s holdings, making the stock its 25th biggest position. Virtu Financial LLC’s holdings in Direxion Daily Gold Miners Index Bull 2x Shares were worth $6,554,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. HRT Financial LP increased its holdings in Direxion Daily Gold Miners Index Bull 2x Shares by 379.8% in the 4th quarter. HRT Financial LP now owns 34,629 shares of the exchange traded fund’s stock worth $6,366,000 after acquiring an additional 27,411 shares in the last quarter. Qube Research & Technologies Ltd purchased a new position in Direxion Daily Gold Miners Index Bull 2x Shares during the second quarter valued at approximately $990,000. Jump Financial LLC lifted its holdings in Direxion Daily Gold Miners Index Bull 2x Shares by 173.3% during the fourth quarter. Jump Financial LLC now owns 20,651 shares of the exchange traded fund’s stock valued at $3,797,000 after purchasing an additional 13,095 shares in the last quarter. UBS Group AG boosted its position in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 873.8% in the third quarter. UBS Group AG now owns 9,738 shares of the exchange traded fund’s stock worth $1,504,000 after purchasing an additional 8,738 shares during the period. Finally, Revere Asset Management Inc bought a new position in shares of Direxion Daily Gold Miners Index Bull 2x Shares in the fourth quarter worth approximately $1,302,000.

Direxion Daily Gold Miners Index Bull 2x Shares Price Performance

Shares of NYSEARCA NUGT opened at $141.46 on Friday. The firm has a fifty day moving average price of $174.27 and a 200-day moving average price of $202.55. The stock has a market cap of $827.54 million, a PE ratio of 22.41 and a beta of 1.16. Direxion Daily Gold Miners Index Bull 2x Shares has a 1 year low of $69.37 and a 1 year high of $320.79.

About Direxion Daily Gold Miners Index Bull 2x Shares

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.