Simplex Trading LLC Makes New Investment in Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSEARCA:JNUG)

Simplex Trading LLC bought a new position in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSEARCA:JNUG) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 96,446 shares of the exchange traded fund’s stock, valued at approximately $3,268,000. Simplex Trading LLC owned approximately 1.16% of Direxion Daily Junior Gold Miners Index Bull 2X Shares as of its most recent filing with the SEC.

Separately, U S Global Investors Inc. purchased a new stake in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares in the 4th quarter worth about $349,000.

Direxion Daily Junior Gold Miners Index Bull 2X Shares Stock Up 1.8 %

Direxion Daily Junior Gold Miners Index Bull 2X Shares stock opened at $39.28 on Friday. Direxion Daily Junior Gold Miners Index Bull 2X Shares has a 52 week low of $21.92 and a 52 week high of $48.23. The firm’s 50-day simple moving average is $31.87 and its 200 day simple moving average is $30.38. The firm has a market capitalization of $317.78 million, a PE ratio of 24.26 and a beta of 1.90.

About Direxion Daily Junior Gold Miners Index Bull 2X Shares

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.