Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) Sets New 12-Month High at $51.00

Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGTGet Free Report)’s share price hit a new 52-week high on Monday . The company traded as high as $51.00 and last traded at $50.40, with a volume of 322989 shares changing hands. The stock had previously closed at $50.61.

Direxion Daily Gold Miners Index Bull 2x Shares Stock Down 1.0 %

The stock has a 50 day simple moving average of $45.31 and a 200 day simple moving average of $40.15. The company has a market cap of $733.82 million, a price-to-earnings ratio of 19.80 and a beta of 1.57.

Institutional Trading of Direxion Daily Gold Miners Index Bull 2x Shares

Hedge funds and other institutional investors have recently bought and sold shares of the company. Hollencrest Capital Management grew its holdings in shares of Direxion Daily Gold Miners Index Bull 2x Shares by 50.0% during the first quarter. Hollencrest Capital Management now owns 900 shares of the exchange traded fund’s stock valued at $31,000 after purchasing an additional 300 shares during the last quarter. PNC Financial Services Group Inc. bought a new position in Direxion Daily Gold Miners Index Bull 2x Shares in the 4th quarter worth approximately $49,000. Headlands Technologies LLC bought a new position in Direxion Daily Gold Miners Index Bull 2x Shares in the 2nd quarter worth approximately $195,000. 180 Wealth Advisors LLC grew its holdings in Direxion Daily Gold Miners Index Bull 2x Shares by 12.5% in the 1st quarter. 180 Wealth Advisors LLC now owns 7,123 shares of the exchange traded fund’s stock worth $245,000 after buying an additional 792 shares in the last quarter. Finally, Harbour Investments Inc. grew its holdings in Direxion Daily Gold Miners Index Bull 2x Shares by 27.5% in the 2nd quarter. Harbour Investments Inc. now owns 7,462 shares of the exchange traded fund’s stock worth $280,000 after buying an additional 1,608 shares in the last quarter.

Direxion Daily Gold Miners Index Bull 2x Shares Company Profile

(Get Free Report)

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.

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