Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSEARCA:JNUG) Share Price Cross Above 50 Day Moving Average of $40.15

Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSEARCA:JNUGGet Free Report) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $40.15 and traded as high as $43.11. Direxion Daily Junior Gold Miners Index Bull 2X Shares shares last traded at $42.31, with a volume of 633,916 shares changing hands.

Direxion Daily Junior Gold Miners Index Bull 2X Shares Price Performance

The stock has a fifty day moving average price of $40.15 and a 200-day moving average price of $33.94. The company has a market cap of $331.71 million, a PE ratio of 22.18 and a beta of 1.90.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in JNUG. Headlands Technologies LLC acquired a new position in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares in the 4th quarter valued at $62,000. HTLF Bank raised its holdings in Direxion Daily Junior Gold Miners Index Bull 2X Shares by 11.9% in the 1st quarter. HTLF Bank now owns 36,615 shares of the exchange traded fund’s stock valued at $1,220,000 after acquiring an additional 3,895 shares during the period. B. Riley Wealth Advisors Inc. bought a new position in Direxion Daily Junior Gold Miners Index Bull 2X Shares in the 4th quarter valued at about $208,000. Ballew Advisors Inc bought a new position in Direxion Daily Junior Gold Miners Index Bull 2X Shares in the 1st quarter valued at about $267,000. Finally, U S Global Investors Inc. bought a new position in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares during the fourth quarter worth approximately $349,000.

Direxion Daily Junior Gold Miners Index Bull 2X Shares Company Profile

(Get Free Report)

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.

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