MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Shares Gap Up – Here’s What Happened

by · The Cerbat Gem

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $82.63, but opened at $89.44. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $84.00, with a volume of 791,430 shares changing hands.

MicroSectors Gold Miners 3x Leveraged ETN Stock Up 7.2%

The firm has a fifty day moving average of $161.89 and a 200-day moving average of $248.62. The firm has a market cap of $753.18 million, a P/E ratio of 21.92 and a beta of 1.79.

Institutional Investors Weigh In On MicroSectors Gold Miners 3x Leveraged ETN

An institutional investor recently bought a new stake in MicroSectors Gold Miners 3x Leveraged ETN stock. Jump Financial LLC acquired a new stake in MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 20,597 shares of the company’s stock, valued at approximately $5,019,000. Jump Financial LLC owned about 0.24% of MicroSectors Gold Miners 3x Leveraged ETN at the end of the most recent quarter.

MicroSectors Gold Miners 3x Leveraged ETN Company Profile

(Get Free Report)

The MicroSectors Gold Miners 3X Leveraged ETN (GDXU) is an exchange-traded fund that is based on the S-Network MicroSectors Gold Miners index. The fund provides 3x daily leveraged exposure to a market-cap weighted index comprised of two gold miners ETFs. GDXU was launched on Dec 7, 2020 and is issued by REX Microsectors.

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