Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSEARCA:JNUG) Stock Pass Above Fifty Day Moving Average – Here’s What Happened

by · The Cerbat Gem

Shares of Direxion Daily Junior Gold Miners Index Bull 2X Shares (NYSEARCA:JNUG – Get Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $215.25 and traded as high as $226.00. Direxion Daily Junior Gold Miners Index Bull 2X Shares shares last traded at $222.85, with a volume of 147,136 shares.

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

The company has a 50-day simple moving average of $211.40 and a 200-day simple moving average of $219.31. The stock has a market cap of $457.96 million, a PE ratio of 27.33 and a beta of 1.55.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of JNUG. Jump Financial LLC purchased a new position in Direxion Daily Junior Gold Miners Index Bull 2X Shares in the third quarter worth $5,097,000. IMC Chicago LLC purchased a new position in Direxion Daily Junior Gold Miners Index Bull 2X Shares in the third quarter worth $3,403,000. Qube Research & Technologies Ltd raised its position in Direxion Daily Junior Gold Miners Index Bull 2X Shares by 693.5% in the second quarter. Qube Research & Technologies Ltd now owns 7,253 shares of the exchange traded fund’s stock worth $576,000 after acquiring an additional 6,339 shares in the last quarter. JPMorgan Chase & Co. purchased a new position in Direxion Daily Junior Gold Miners Index Bull 2X Shares in the third quarter worth $973,000. Finally, Virtu Financial LLC raised its position in Direxion Daily Junior Gold Miners Index Bull 2X Shares by 18.1% in the fourth quarter. Virtu Financial LLC now owns 38,572 shares of the exchange traded fund’s stock worth $7,967,000 after acquiring an additional 5,915 shares in the last quarter.

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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