Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX) Shares Up 4.9% – Should You Buy?

Defiance Daily Target 2X Long RGTI ETF (NASDAQ:RGTX) shares shot up 4.9% during trading on Tuesday . The stock traded as high as $5.73 and last traded at $5.55. 4,750,977 shares changed hands during trading, an increase of 14% from the average session volume of 4,153,274 shares. The stock had previously closed at $5.29.

Defiance Daily Target 2X Long RGTI ETF Stock Performance

The company has a 50 day moving average of $11.12 and a two-hundred day moving average of $25.20.

Hedge Funds Weigh In On Defiance Daily Target 2X Long RGTI ETF

Several hedge funds have recently modified their holdings of RGTX. StoneX Group Inc. purchased a new position in shares of Defiance Daily Target 2X Long RGTI ETF in the 4th quarter valued at approximately $260,000. Genesis Financial Group LLC purchased a new position in shares of Defiance Daily Target 2X Long RGTI ETF in the fourth quarter worth $304,000. Jump Financial LLC acquired a new stake in shares of Defiance Daily Target 2X Long RGTI ETF during the second quarter worth $584,000. Flow Traders U.S. LLC acquired a new stake in shares of Defiance Daily Target 2X Long RGTI ETF during the third quarter worth $623,000. Finally, Belvedere Trading LLC purchased a new stake in shares of Defiance Daily Target 2X Long RGTI ETF during the third quarter valued at $832,000.

Defiance Daily Target 2X Long RGTI ETF Company Profile

Tidal Trust II – Defiance Daily Target 2X Long RGTI ETF is an exchange traded fund launched and managed by Tidal Investments LLC. The fund invests in public equity markets. It invests through derivatives in stocks of companies operating across information technology, semiconductors and semiconductor equipment sectors. The fund uses derivatives such as swaps and options to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. Tidal Trust II – Defiance Daily Target 2X Long RGTI ETF is domiciled in the United States.