Defiance Daily Target 2X Long IONQ ETF (NASDAQ:IONX) Trading Up 4.9% – Here’s Why

Shares of Defiance Daily Target 2X Long IONQ ETF (NASDAQ:IONX) were up 4.9% on Friday . The company traded as high as $21.20 and last traded at $20.49. Approximately 902,708 shares changed hands during trading, a decline of 38% from the average daily volume of 1,444,392 shares. The stock had previously closed at $19.53.

Defiance Daily Target 2X Long IONQ ETF Stock Performance

The business has a fifty day moving average of $29.41 and a two-hundred day moving average of $89.43.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Hollencrest Capital Management acquired a new position in shares of Defiance Daily Target 2X Long IONQ ETF during the 4th quarter worth approximately $48,000. Flow Traders U.S. LLC acquired a new position in shares of Defiance Daily Target 2X Long IONQ ETF during the 2nd quarter worth approximately $270,000. Jump Financial LLC acquired a new position in shares of Defiance Daily Target 2X Long IONQ ETF during the 2nd quarter worth approximately $604,000. Finally, UBS Group AG acquired a new position in Defiance Daily Target 2X Long IONQ ETF in the 4th quarter valued at $2,065,000.

Defiance Daily Target 2X Long IONQ ETF Company Profile

The Defiance Daily Target 2X Long IONQ ETF (IONX) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to deliver 2x leveraged exposure to the daily share price movement of IonQ, Inc (IONQ), less fees and expenses, through derivatives like swap agreements IONX was launched on Mar 11, 2025 and is issued by Defiance.