Harbour Investments Inc. Sells 862 Shares of Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT)

Harbour Investments Inc. lessened its holdings in Direxion Daily Gold Miners Index Bull 2x Shares (NYSEARCA:NUGT) by 11.6% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,600 shares of the exchange traded fund’s stock after selling 862 shares during the period. Harbour Investments Inc.’s holdings in Direxion Daily Gold Miners Index Bull 2x Shares were worth $328,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Pineridge Advisors LLC purchased a new stake in Direxion Daily Gold Miners Index Bull 2x Shares during the first quarter valued at approximately $5,410,000. B. Riley Wealth Advisors Inc. purchased a new stake in shares of Direxion Daily Gold Miners Index Bull 2x Shares in the 1st quarter worth $2,193,000. Fore Capital LLC bought a new position in Direxion Daily Gold Miners Index Bull 2x Shares in the 2nd quarter worth $1,691,000. Quadrature Capital Ltd purchased a new position in Direxion Daily Gold Miners Index Bull 2x Shares during the first quarter valued at $856,000. Finally, IMC Chicago LLC grew its holdings in Direxion Daily Gold Miners Index Bull 2x Shares by 84.4% during the third quarter. IMC Chicago LLC now owns 42,810 shares of the exchange traded fund’s stock valued at $2,126,000 after purchasing an additional 19,599 shares during the period.

Direxion Daily Gold Miners Index Bull 2x Shares Stock Down 1.4 %

Shares of NUGT opened at $38.63 on Friday. Direxion Daily Gold Miners Index Bull 2x Shares has a 52 week low of $23.15 and a 52 week high of $60.74. The stock has a market cap of $565.93 million, a price-to-earnings ratio of 19.80 and a beta of 1.57. The business has a 50-day simple moving average of $49.69 and a two-hundred day simple moving average of $45.05.

Direxion Daily Gold Miners Index Bull 2x Shares Company Profile

The Direxion Daily Gold Miners Index Bull 2X Shares (NUGT) is an exchange-traded fund that is based on the NYSE Arca Gold Miners (NTR) index. The fund provides 2x leveraged exposure to a market-cap-weighted index of global gold and silver mining firms. NUGT was launched on Dec 8, 2010 and is managed by Direxion.