Virtu Financial LLC Invests $384,000 in Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT)

Virtu Financial LLC purchased a new stake in Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 11,177 shares of the exchange traded fund’s stock, valued at approximately $384,000. Virtu Financial LLC owned approximately 0.08% of Direxion Daily Gold Miners Index Bull 2x Shares at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the stock. Pineridge Advisors LLC bought a new stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares during the 1st quarter valued at $5,410,000. Simplex Trading LLC increased its holdings in Direxion Daily Gold Miners Index Bull 2x Shares by 192.8% in the first quarter. Simplex Trading LLC now owns 93,119 shares of the exchange traded fund’s stock valued at $3,198,000 after purchasing an additional 61,320 shares during the last quarter. IMC Chicago LLC lifted its stake in Direxion Daily Gold Miners Index Bull 2x Shares by 33.5% in the fourth quarter. IMC Chicago LLC now owns 79,207 shares of the exchange traded fund’s stock valued at $2,755,000 after buying an additional 19,879 shares during the period. B. Riley Wealth Advisors Inc. acquired a new position in shares of Direxion Daily Gold Miners Index Bull 2x Shares during the 1st quarter worth about $2,193,000. Finally, Jump Financial LLC bought a new stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares in the 4th quarter valued at about $1,623,000.

Direxion Daily Gold Miners Index Bull 2x Shares Price Performance

Direxion Daily Gold Miners Index Bull 2x Shares stock opened at $42.96 on Friday. The firm has a market capitalization of $629.36 million, a price-to-earnings ratio of 19.80 and a beta of 1.57. The company’s 50 day simple moving average is $41.51 and its 200 day simple moving average is $35.93. Direxion Daily Gold Miners Index Bull 2x Shares has a fifty-two week low of $23.15 and a fifty-two week high of $50.30.

Direxion Daily Gold Miners Index Bull 2x Shares 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.