Virtu Financial LLC Raises Stake in Direxion Daily Gold Miners Index Bear 2x Shares (NYSEARCA:DUST)

Virtu Financial LLC lifted its position in Direxion Daily Gold Miners Index Bear 2x Shares (NYSEARCA:DUST) by 67.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 217,903 shares of the exchange traded fund’s stock after purchasing an additional 88,006 shares during the period. Virtu Financial LLC owned about 1.57% of Direxion Daily Gold Miners Index Bear 2x Shares worth $2,220,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of DUST. Hollencrest Capital Management bought a new position in Direxion Daily Gold Miners Index Bear 2x Shares in the 3rd quarter worth $30,000. Headlands Technologies LLC bought a new position in shares of Direxion Daily Gold Miners Index Bear 2x Shares in the fourth quarter worth about $48,000. Finally, ORG Partners LLC grew its position in shares of Direxion Daily Gold Miners Index Bear 2x Shares by 1,628.9% during the fourth quarter. ORG Partners LLC now owns 7,780 shares of the exchange traded fund’s stock worth $79,000 after purchasing an additional 7,330 shares in the last quarter.

Direxion Daily Gold Miners Index Bear 2x Shares Stock Down 1.4 %

NYSEARCA DUST traded down $0.11 during trading hours on Friday, reaching $8.00. The company’s stock had a trading volume of 9,213,018 shares, compared to its average volume of 7,030,964. The firm’s 50-day moving average price is $7.71 and its 200-day moving average price is $10.15. Direxion Daily Gold Miners Index Bear 2x Shares has a 1 year low of $6.51 and a 1 year high of $16.17.

Direxion Daily Gold Miners Index Bear 2x Shares Company Profile

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