IMC Chicago LLC Takes $3.40 Million Position in Direxion Daily Junior Gold Miners Index Bull 2X Shares $JNUG

IMC Chicago LLC acquired a new stake in Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSEARCA:JNUG) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 20,875 shares of the exchange traded fund’s stock, valued at approximately $3,403,000. IMC Chicago LLC owned about 0.62% of Direxion Daily Junior Gold Miners Index Bull 2X Shares at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Client First Investment Management LLC bought a new position in shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares during the third quarter valued at $3,729,000. Simplex Trading LLC acquired a new stake in Direxion Daily Junior Gold Miners Index Bull 2X Shares in the second quarter valued at $481,000. Headlands Technologies LLC raised its position in Direxion Daily Junior Gold Miners Index Bull 2X Shares by 8,942.9% during the 2nd quarter. Headlands Technologies LLC now owns 2,532 shares of the exchange traded fund’s stock worth $201,000 after purchasing an additional 2,504 shares during the last quarter. Finally, Qube Research & Technologies Ltd lifted its holdings in Direxion Daily Junior Gold Miners Index Bull 2X Shares by 693.5% during the 2nd quarter. Qube Research & Technologies Ltd now owns 7,253 shares of the exchange traded fund’s stock worth $576,000 after buying an additional 6,339 shares during the period.

Direxion Daily Junior Gold Miners Index Bull 2X Shares Trading Down 14.0%

Shares of JNUG stock opened at $221.54 on Friday. Direxion Daily Junior Gold Miners Index Bull 2X Shares has a 1-year low of $43.17 and a 1-year high of $363.00. The stock has a market cap of $595.94 million, a price-to-earnings ratio of 27.33 and a beta of 1.45. The stock has a 50-day moving average of $234.08 and a 200-day moving average of $165.61.

Direxion Daily Junior Gold Miners Index Bull 2X Shares Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Shareholders of record on Wednesday, December 31st were given a dividend of $0.9282 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $3.71 dividend on an annualized basis and a yield of 1.7%. This is a boost from Direxion Daily Junior Gold Miners Index Bull 2X Shares’s previous quarterly dividend of $0.07.

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

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.